Renzo 協議：透過 Liquid 重新抵押重塑以太坊的安全格局

Renzo Protocol 是一種基於 EigenLayer 構建的 Liquid 重新抵押代幣和策略管理器，為用戶簡化了複雜的重新抵押策略，使他們能夠透過保護外部系統和應用程式來獲得獎勵。 EigenLayer 是一種協議，可重新利用以太坊進行共識層驗證並保護其他稱為主動驗證服務 (AVS) 的應用程式。 Renzo Protocol 提供易於使用的介面，簡化了選擇最佳重質押策略的流程，以最大限度地提高回報，同時管理與 AVS 相關的風險。使用者可以質押原生 ETH 或 Liquid 質押代幣（LST）來接收 Renzo 的 Liquid 重新質押代幣（ezETH），這代表了他們重新質押的頭寸。

Reshaping Ethereum's Security Landscape: A Comprehensive Guide to Renzo Protocol

重塑以太坊的安全格局：Renzo 協議綜合指南

Introduction

介紹

Amidst the evolving tapestry of Ethereum's narrative, liquid restaking has emerged as a captivating force, beckoning investors to explore its potential. Yet, the uninitiated may find themselves amidst a labyrinth of unfamiliar terms and concepts. Enter Renzo Protocol, a beacon illuminating the path through this uncharted territory.

在以太坊不斷發展的敘事中，流動性重新抵押已成為一股迷人的力量，吸引投資者探索其潛力。然而，外行人可能會發現自己身處一個充滿陌生術語和概念的迷宮中。倫佐協議 (Renzo Protocol) 是照亮這片未知領域道路的燈塔。

Liquid Staking vs. Liquid Restaking: A Primer

流動性質押與流動性重新質押：入門指南

To grasp the essence of liquid restaking, we must first establish its contrast with liquid staking. Liquid staking, as its name suggests, entails staking tokens (e.g., ETH) on protocols that mint synthetic representations of your staked assets, known as Liquid Staking Tokens (LSTs). These LSTs can subsequently be deployed in various DeFi initiatives.

要掌握流動性重質押的本質，我們首先要先明確它與流動性質押的對比。顧名思義，流動質押需要在協議上質押代幣（例如 ETH），該協議會產生質押資產的合成表示，稱為流動質押代幣（LST）。這些 LST 隨後可以部署在各種 DeFi 專案中。

In contrast, liquid restaking focuses on repurposing staked ETH to bolster the economic security of external systems such as Oracle networks and Rollups. In this process, you likewise receive Liquid Restaking Tokens (LRTs), but their purpose differs significantly.

相較之下，流動性重新抵押著重於重新利用抵押的 ETH，以增強 Oracle 網路和 Rollups 等外部系統的經濟安全。在此過程中，您同樣會收到流動性重新抵押代幣（LRT），但它們的目的有很大不同。

The Role of EigenLayer

EigenLayer的作用

Central to the realm of LRTs is EigenLayer, a protocol built upon Ethereum's foundation. EigenLayer has pioneered the concept of restaking as a primitive, enabling users to restake their ETH within its smart contracts to enhance the crypto-economic security of other applications on the network.

輕軌領域的核心是 EigenLayer，這是一個建立在以太坊上的協議。 EigenLayer 首創了重新抵押作為原語的概念，使用戶能夠在其智能合約中重新抵押其 ETH，以增強網路上其他應用程式的加密經濟安全性。

Introducing Actively Validated Services (AVS)

引入主動驗證服務 (AVS)

The applications that leverage EigenLayer's services are known as Actively Validated Services (AVS). These AVSs can encompass sidechains, bridges, oracle networks, and more. By staking your ETH within these AVSs, you contribute to their security, earning rewards in return.

利用 EigenLayer 服務的應用程式稱為主動驗證服務 (AVS)。這些 AVS 可以包含側鏈、橋接器、預言機網路等。透過將您的 ETH 放入這些 AVS 中，您可以為其安全做出貢獻，並獲得回報。

Understanding Renzo Protocol's Role

了解 Renzo 協議的角色

In this ecosystem, Renzo Protocol emerges as a guiding force. Built upon EigenLayer, Renzo serves as an interface that empowers users to navigate the complexities of this network. Through its combination of operator nodes and smart contracts, Renzo orchestrates a strategy that optimizes the risk-to-reward ratio of restaking.

在這個生態系統中，Renzo 協議成為引導力量。 Renzo 建立在 EigenLayer 之上，作為一個介面，使用戶能夠駕馭該網路的複雜性。透過營運商節點和智慧合約的結合，Renzo 精心策劃了一項優化重新質押風險回報比的策略。

Introducing ezETH: The Liquid Restaking Token of Renzo Protocol

介紹 ezETH：Renzo 協議的流動性重新抵押代幣

ezETH, the Liquid Restaking Token of Renzo Protocol, captures the essence of the user's restaked position within the protocol. By staking native ETH or LSTs (e.g., wBETH, stETH), users can acquire ezETH, a reward-bearing token whose value accrues as it generates yield through its utilization in AVSs.

ezETH 是 Renzo 協議的 Liquid 重新質押代幣，捕捉了用戶在協議中重新質押頭寸的本質。透過質押原生 ETH 或 LST（例如 wBETH、stETH），用戶可以獲得 ezETH，這是一種有獎勵的代幣，其價值隨著其在 AVS 中的使用而產生收益而增加。

Reststaking with Renzo Protocol: A Step-by-Step Guide

使用 Renzo 協議進行再抵押：逐步指南

To embark on your liquid restaking journey with Renzo Protocol, follow these steps:

要使用 Renzo Protocol 開始您的液體重新服用之旅，請按照以下步驟操作：

1. Acquire ETH or LSTs (e.g., stETH) to stake.
2. Navigate to the Renzo Protocol restaking dashboard and connect your wallet.
3. Select the desired ecosystem and input the amount you wish to stake.
4. Confirm the transaction, and your staked assets will be utilized to secure AVSs, earning you rewards in the form of ezETH.

ezPoints: A Rewards System

取得ETH 或LST（例如stETH）進行質押。安全AVS，以 ezETH.ezPoints 的形式為您賺取獎勵：獎勵系統

Renzo Protocol employs a system of "ezPoints" to incentivize active participation and contributions to the protocol's success. Holding ezETH, participating in early staking initiatives, and accumulating higher ezETH balances all contribute to the accrual of ezPoints, which ultimately determine the allocation of REZ tokens during the token generation event.

Renzo 協議採用「ezPoints」系統激勵積極參與並為協議的成功做出貢獻。持有 ezETH、參與早期質押計劃以及積累更高的 ezETH 餘額都有助於累積 ezPoints，這最終決定了代幣生成活動期間 REZ 代幣的分配。

The REZ Token: Governance and Utility

REZ 代幣：治理與實用性

At the heart of Renzo Protocol's commitment to decentralization lies the REZ token. This native governance token empowers holders with the ability to participate in the protocol's governance, shaping its future through proposals on various matters, including operator whitelisting, AVS selection, and risk management frameworks.

REZ 代幣是 Renzo 協議去中心化承諾的核心。這種原生治理代幣使持有者能夠參與協議的治理，透過對各種事項的建議來塑造其未來，包括營運商白名單、AVS 選擇和風險管理框架。

Tokenomics and Distribution

代幣經濟學和分配

The total REZ token supply is capped at 10,000,000,000, with an initial circulating supply of 1,150,000,000 upon listing. The token distribution is carefully orchestrated to ensure a fair allocation among various stakeholders, including early investors, community members, core contributors, and the protocol's foundation.

REZ代幣總供應量上限為10,000,000,000，上市後初始流通量為1,150,000,000。代幣分配經過精心策劃，以確保各個利害關係人之間的公平分配，包括早期投資者、社群成員、核心貢獻者和協議基金會。

The Renzo (REZ) Airdrop

Renzo專案空投糖果

Renzo Protocol has conducted a highly anticipated airdrop for community members who have diligently accumulated ezPoints since their introduction. Eligible wallets will receive REZ tokens based on their accumulated ezPoints, subject to vesting schedules for larger wallets.

Renzo Protocol 為自推出以來一直努力累積 ezPoints 的社區成員進行了備受期待的空投。符合條件的錢包將根據其累積的 ezPoints 接收 REZ 代幣，具體取決於較大錢包的歸屬時間表。

The Team and Investors Behind Renzo Protocol

Renzo Protocol 背後的團隊和投資者

The Renzo Protocol team boasts a wealth of experience in the cryptocurrency industry, with backgrounds in lending, borrowing, and blockchain technology. The protocol has also secured the support of reputable investors, including Maven11, Binance Labs, and IOSG Ventures, among others.

Renzo Protocol 團隊在加密貨幣行業擁有豐富的經驗，並擁有借貸和區塊鏈技術背景。該協議還獲得了信譽良好的投資者的支持，包括 Maven11、Binance Labs 和 IOSG Ventures 等。

Participating in the Binance Launchpool for Renzo Protocol (REZ)

參與 Renzo 協議 (REZ) 的幣安啟動池

For those seeking to acquire REZ tokens, Renzo Protocol has partnered with Binance Launchpool. By staking FDUSD or BNB, users can earn REZ rewards. The campaign will conclude on April 30th, with trading commencing shortly thereafter.

對於那些尋求購買 REZ 代幣的人，Renzo Protocol 已與 Binance Launchpool 合作。透過質押 FDUSD 或 BNB，用戶可以獲得 REZ 獎勵。該活動將於 4 月 30 日結束，隨後不久開始交易。

Conclusion

結論

Renzo Protocol has emerged as a transformative player in the liquid restaking landscape, providing a user-friendly interface to harness the power of EigenLayer's restaking primitive. While the protocol offers the potential for attractive returns, it is crucial to approach it with an informed perspective, thoroughly assessing one's risk tolerance and conducting comprehensive research.

Renzo 協議已成為液體重新抵押領域的變革性參與者，提供了一個用戶友好的介面來利用 EigenLayer 重新抵押原語的力量。雖然該協議提供了誘人回報的潛力，但以知情的視角來對待它、徹底評估一個人的風險承受能力並進行全面的研究至關重要。

As the liquid restaking narrative continues to unfold, Renzo Protocol stands poised to shape its trajectory, empowering users to contribute to the security of Ethereum and other emerging blockchain ecosystems.

隨著流動性重新抵押敘事的不斷展開，Renzo Protocol 已準備好塑造其發展軌跡，使用戶能夠為以太坊和其他新興區塊鏈生態系統的安全做出貢獻。