
Full-stack web3 dev & data engineer @daohaus @raidguild
21 Followers
Overall, ETH restaking is currently one of the hottest topics within the ecosystem and is moving a lot of capital into protocols such as Renzo, which enables true native cross-chain restaking for Arbitrum One users *in a few clicks and with near-zero fees*.
So far, over 250M USD worth of ETH has been locked in the protocol. That's ~4% of the total ETH deposited in the L2. In terms of users, more than 25k active addresses are holding ezETH
I made a dashboard to track /renzo ETH restaking activity on /arbitrum https://flipsidecrypto.xyz/santtee/renzo---restaking-on-arbitrum-QpRhf6 Here's a thread on the insights I found while exploring the data
During the last week, over 19k ezETH has been minted, that's a 24% increase of Renzo TVL on Arbitrum solely