Renzo Restaked bnSOL price

BZSOL

Renzo is a restaking protocol that abstracts and manages Actively Validated Services (AVS) strategies for Liquid Restaking Tokens (LRTs), making Ethereum and Solana restaking easy and accessible to everyone. The products $ezETH, $pzETH, $ezSOL, and $bzSOL serve as interfaces to the EigenLayer, Symbiotic, and Jito Network ecosystems, respectively. Renzo's mission is to make restaking easy and accessible to everyone.

ezSOL is the flagship vault restaking token representing a user's restaked position on Jito. Users can deposit bnSOL and SOL and receive bzSOL, representing their position in securing Node Consensus Networks (NCNs). Restakers will generate staking, restaking, and Maximal Extractable Value (MEV) rewards that will be auto-compounded in $bzSOL. The launch of $bzSOL marks a pivotal moment for Solana’s DeFi ecosystem. $bzSOL not only bolsters liquidity but also unlocks new strategies for capital efficiency. Users can utilize $bzSOL across various DeFi protocols—like lending platforms, AMMs, and aggregators—while retaining exposure to restaking. This composability enhances the flexibility and usability of SOL within the DeFi space, driving more value into the Solana ecosystem.