Renzo Monthly Recap - April 2025

Dive into Renzo’s April highlights 🔽
https://x.com/RenzoProtocol/status/1918025581696029131

Renzo receives BEST Risk Rating by Exponential 🥇

Learn more 🔽
https://x.com/RenzoProtocol/status/1918363651272044960

In case you missed it:

REZ incentives are live with the highest APYs for SOL, with ezSOL-SOL on Kamino

A new governance proposal, RP-5, is now live for voting on Snapshot ⚡

See the full details and cast your vote 🔽
https://x.com/RenzoProtocol/status/1919462974298706020

📢 Important Update — Renzo Chat Migration

The Renzo Chat on Telegram is being sunsetted and the only official community chat is now our Discord channel. To ensure everyone is aware, we’re muting Telegram chats for a few more days before closing them permanently.

This Telegram channel will remain open for important announcements only, allowing users who prefer to get their updates on Telegram to stay up to speed on their favorite platform (be sure to un-mute!🔕).

For all chats, discussions, and support requests, please join us on Discord👇
https://discord.gg/renzoprotocol

Thanks for your continued support!

Note: From today forward there are NO official Renzo Telegram communities, chats, or technical support. Beware of impostors and use only official links found on www.renzoprotocol.com.

⚡️Instant Withdrawals & REZ Buy Backs are here ⚡️

Fees from instant withdrawals will now auto-compound into ezREZ for stakers with beta tranche rewards annualized at 40.02% APY

Full details: https://x.com/renzoprotocol/status/1922711693768991163?s=46

🚨IMPORTANT 🚨

Blast support has been disabled from the Renzo Dapp

Here is what users can do: https://x.com/renzoprotocol/status/1924631372649415160?s=46

REMINDER ⏰

Season 4 claims close out on Friday, May 30th

Claim using only our official channels - https://x.com/RenzoProtocol/status/1927096958897750415

Announcing Flow Vaults in partnership with Concrete Labs 🤌🔥

Flow Vaults abstract away all the complexity associated with running a restaking protocol, paving the
fastest way for institutions to launch a fully-custom liquid restaking token.

This is just the beginning of a strategic collaboration: https://x.com/renzoprotocol/status/1935715911392223695?s=46

📣 Important Announcement

To finalize the migration to Mellow’s MultiVault architecture, the Renzo pzETH frontend will undergo a 24h maintenance from July 3rd from 07:00 UTC. During this window, users will be unable to interact with Mellow and Symbiotic contracts. Other activities on the dApp will remain unaffected.

We appreciate your patience and will notify as soon as the frontend is back online.

Migration has been completed with Deposits, Withdrawals and redemptions all operating smoothly now.

Appreciate the patience! 🤌

The raise window for the first Opolis bond is live now 🔥

Renzo is excited to share that Opolis will secure its new health-insurance pool with a time-based bond vault powered by Renzo's Flow.

Depositors provide the AUSD collateral; Opolis gets the capital guarantee it needs to underwrite claims. Current bond maturity is set at 6 months!

Predictable yields are here 🤌
https://x.com/RenzoProtocol/status/1947717704737305075

And yet another integration powered by Renzo's Flow 🤌

Meet ezSKATE: the liquid restaked version of SKATE - securing the Skate Chain AVS on Eigenlayer

https://x.com/RenzoProtocol/status/1948429343144980908

Native Restaking is now enabled on Linea🔥

What does it mean? You can now directly mint ezETH via the Renzo Dapp on the Linea network

Check it out now: https://x.com/renzoprotocol/status/1957839577923874986?s=46

Renzo is proud to announce it's first delegated security through Cap Money 🔥

pzETH holders will now earn 2%+ on delegated security in $USDC.

Read more on the mechanics: https://x.com/RenzoProtocol/status/1965445912794464525

Renzo Buyback & Burn - 10% Over 6 Months 🔥

A new proposal (RP6) just went live on the governance forum. This initiative seeks to repurchase and burn 10% of total $REZ supply, funded by protocol revenue.

Upon governance approval, 75% - 100% of all future protocol revenue for the next 6 months will be directed towards this program https://x.com/renzoprotocol/status/1976746387040878953?s=46

Snapshot Vote is Live!

RP-6 (A) proposes using up to 100% of Renzo Protocol revenue to buy back 10% of total $REZ supply over the next 6 months. The team has already started testing buybacks with 105,013,081 $REZ (1.05%) bought back since since October 8th

Vote here - https://x.com/RenzoProtocol/status/1980380695152455933

Introducing ezBTC🔥

Built with Renzo's Flow in partnership with Concrete & WrappedBTC

- Earn Restaking Rewards from securing AVS
- Concrete points 👀

Your Bitcoin doesn’t have to sit idle 🟧 🤌

https://x.com/renzoprotocol/status/1981039581278650792?s=46

🗳️ Snapshot Voting is Live

RP-6(B): REZ Burn & Distribution Proposal

Following the successful passage of RP-6(A) authorizing the start of the Buyback Program, the next phase RP-6(B), is now open for voting.

This proposal presents two execution paths for the repurchased $REZ:

A. 🔥 Burn 90% of the repurchased REZ and distribute the remaining 10% to ezREZ stakers.
B. 💎 Retain 90% in the Community Treasury for future strategic use, and distribute 10% to ezREZ stakers.

Vote now - https://x.com/renzoprotocol/status/1982491063819682269?s=46

ezBTC rewards are LIVE on Merkl 🤌

Stake BTC to grab a share of 48K $EIGEN & more 👀

Rewards are claimable via the merkl UI - https://x.com/RenzoProtocol/status/1985364669897609584

Burns are Live - Renzo Riduzione! 🔥

The first buyback and burn event just got completed, buying back 127,117,412 $REZ from the open market using protocol revenue and then subsequently burning 90% or 114,405,671 REZ and rewarding ezREZ stakers the remaining 10%

This inaugural event permanently reduced $REZ Total Supply by 1.14%, with much more to go

Read more on the program here - https://x.com/RenzoProtocol/status/1986173337853436246