Renzo Protocol

Ep 3: ezETH Friday Night Lights 

Liquidity is king and without it, it doesn’t matter who’s on your cap table, what tech you’re building or how you’re going to manage risk.  From Day 1 we knew that restaking was a DeFi liquidity play first & Renzo captured the DeFi golden ticket with a Chainlink feed for ezETH

Liquidity is defined by the price stability of an LRT vs ETH and the ability to weather a black swap event that can cause a depeg and a cascade of price instability.  Additionally, liquidity = distribution and having blue chip integrations on mainnet and L2’s

Why am I so focused on liquidity?  Because it’s the single largest risk to EigenLayer and AVSs.  There’s a need for transparency and we’re helping fund a dune dashboard that’s managed by a neutral third party and a monthly liquidity report.  Hint the facts will show ezETH as #1

As for alpha?  This week I expect to be a little quiet as everyone is heads down cleaning up point integrations and making sure they’re accurate for users…if you see a pause in new integrations read between the lines 😎