Renzo FAQs

Do I need to hold 32ETH in order to restake with Renzo?

No, you can restake as little or as much ETH as you want, or stake LSTs according to the maximum cap amount, set by Renzo.

Where does yield on Renzo come from?

Currently staking yield comes from ETH validators. As AVSs go live on EigenLayer, Renzo Node operators will plug into them to generate restaking yield.

Who’s running the ETH Validators?

Renzo works with institutional grade node operators on Ethereum, which generate Ethereum rewards https://ethereum.org/en/staking/

Does Renzo have caps on deposits?

Renzo never caps ETH, but will occasionally cap LST deposits

How are Restaked Points from EigenLayer distributed?

EigenLayer Points will be distributed to ezETH holders 100%. There are no fees and they will not be not used as collateral inside of Renzo.

What is a Strategy Manager?

Optimizing risk / reward profile by picking the best AVS combination on EigenLayer so ezETH generates yield with the least amount of risk.

Is there slashing risk for any ETH deposited into Renzo?

ETH that is deposited with Renzo has smart contract risk and slashing risk with Figment as the operator. The Figment report came out for 2023 and they did not have any slashing events and they do have an insurance policy on slashing.

How will Renzo determine which node operators to opt in/out of when new AVS deploy on Mainnet?

Renzo is partnering with Operators who will work with the protocol to specify which AVSs should be run (assuming a number of requirements are met for the AVS).

There are many unknowns in EigenLayer that Renzo is going to take care of for users. For example, Operators can choose to whitelist who can delegate to them, so the protocol will help facilitate solving these types of problems to get the best risk reward setup for ezETH holders.

Will Renzo further diversify its ETH delegation across multiple node operators to continue with its decentralization goals?

Restaking is new, risky and complicated and thus Renzo has taken an approach of initially integrating with 5 Institutional grade node operators to ensure that AVSs receive the highest quality of security.

As these integrations prove high security and stability overtime, Renzo will progressively decentralize its operators conforming to requirements of EigenLayer and AVSs.

How will governance determine which AVS that node operators should opt in/out of?

At first it will be a snapshot vote, after processes are defined, tested, and proven, it will move to full on-chain governance.

Are Renzo restakers eligible to receive airdrops from other projects? e.g. Altlayer

If Renzo users are made eligible for another project’s airdrop, they will receive 100% of the airdrop proceeds. Renzo will not answer questions related to 3rd party airdrops in discord or telegram, please reserve your questions for 3rd party projects’ outside of Renzo and inquire in the appropriate channels.