ezETH 飙升，加剧流动性代币市场竞争

Renzo 的 ezETH 代币在流动性重新抵押 (LRT) 领域获得了可观的市场份额，使其总供应量增加了 30%，达到 7.3 亿美元，超过了 Ether.fi 在第 2 层区块链上的 eETH。随着 EigenLayer 推出其主网以及 Gearbox 和 Juice 等其他集成即将到来，LRT 协议之间的竞争预计将加剧。

Liquid Restaking Tokens: Renzo's ezETH Surges, Competition Intensifies

Liquid 重新抵押代币：Renzo 的 ezETH 激增，竞争加剧

In the rapidly evolving world of decentralized finance (DeFi), liquid restaking tokens (LRTs) have emerged as a transformative tool, offering users the ability to enhance the security of Ethereum validators while simultaneously participating in DeFi activities. Among the leading providers of LRTs, Renzo's ezETH has recently gained significant market share, while its primary competitor, Ether.fi's eETH, continues to hold a dominant position.

在快速发展的去中心化金融 (DeFi) 世界中，流动性重新抵押代币 (LRT) 已成为一种变革性工具，使用户能够在参与 DeFi 活动的同时增强以太坊验证器的安全性。在领先的轻轨提供商中，Renzo 的 ezETH 最近获得了显着的市场份额，而其主要竞争对手 Ether.fi 的 eETH 继续占据主导地位。

ezETH's Rapid Growth

ezETH的快速增长

Renzo's ezETH has witnessed a remarkable surge in total supply over the past week, adding 30%, or approximately $730 million, to its overall market capitalization. This impressive growth has bolstered ezETH's position in the competitive LRT sector.

过去一周，Renzo 的 ezETH 总供应量显着激增，其总市值增加了 30%，即约 7.3 亿美元。这一令人印象深刻的增长巩固了 ezETH 在竞争激烈的轻轨行业中的地位。

The total supply of ezETH circulating on layer 2 blockchains, such as Arbitrum and Optimism, has reached $680 million, surpassing the $428 million in eETH present on layer 2 networks. This shift towards layer 2 deployments reflects the growing adoption of these networks due to their reduced transaction fees and enhanced scalability.

Arbitrum 和 Optimism 等 Layer 2 区块链上流通的 ezETH 总供应量已达到 6.8 亿美元，超过 Layer 2 网络上 eETH 的 4.28 亿美元。这种向第 2 层部署的转变反映了这些网络由于交易费用降低和可扩展性增强而得到越来越多的采用。

The Restaking Concept

重质押概念

Restaking is a novel concept introduced by the Ethereum-based protocol EigenLayer. It empowers users to deposit their staked Ether into EigenLayer, thereby extending the security of Ethereum validators to other protocols. In return for staking their Ether, users receive an LRT, such as ezETH, which can be utilized throughout the DeFi ecosystem.

重新抵押是基于以太坊的协议 EigenLayer 引入的一个新颖概念。它使用户能够将质押的以太币存入 EigenLayer，从而将以太坊验证器的安全性扩展到其他协议。作为质押以太币的回报，用户会收到 LRT，例如 ezETH，它可以在整个 DeFi 生态系统中使用。

Market Share Contention

市场份额争夺

The competition for market share in the LRT space is intensifying, with the recent launch of EigenLayer's mainnet and the upcoming integration of eETH into Juice's leverage farming vaults. Additionally, Gearbox, another leverage farming protocol, has announced plans to integrate ezETH on Arbitrum, marking the launch of the first leveraged point farming market on this network.

随着 EigenLayer 主网最近的推出以及 eETH 即将整合到 Juice 的杠杆农业金库中，轻轨领域的市场份额竞争正在加剧。此外，另一个杠杆挖矿协议 Gearbox 宣布计划将 ezETH 整合到 Arbitrum 上，标志着该网络上第一个杠杆挖矿市场的推出。

Technical Advantages of ezETH

ezETH的技术优势

Renzo's ezETH offers several technical advantages that have contributed to its recent success. On Mode, an Ethereum layer 2 built using the Optimism SDK, ezETH deposits earn double the Mode points, incentivizing users to stake their Ether through Renzo.

Renzo 的 ezETH 提供了多项技术优势，这些优势促成了其最近的成功。在使用 Optimism SDK 构建的以太坊第 2 层 Mode 上，ezETH 存款可赚取双倍的 Mode 积分，从而激励用户通过 Renzo 质押他们的以太币。

Furthermore, Renzo's integration with Blast, an Ethereum layer 2 offering a native yield on deposits, has proven to be a significant driver of demand for ezETH. Blast's Juice protocol allows users to leverage their ezETH deposits to amplify their point earnings, further enhancing the attractiveness of Renzo's LRT.

此外，Renzo 与 Blast（提供原生存款收益率的以太坊第 2 层）的集成已被证明是 ezETH 需求的重要驱动力。 Blast 的 Juice 协议允许用户利用他们的 ezETH 存款来放大他们的积分收益，进一步增强 Renzo 的 LRT 的吸引力。

Risks Involved in Leveraged Farming

杠杆农业涉及的风险

While leveraged farming strategies can enhance potential returns, it is crucial to acknowledge the associated risks. The complex daisy chain of points earned through Renzo, EigenLayer, Hyperlock, Thruster, Juice, and Blast introduces multiple layers of risk, including liquidation and protocol vulnerabilities.

虽然杠杆农业策略可以提高潜在回报，但承认相关风险至关重要。通过 Renzo、EigenLayer、Hyperlock、Thruster、Juice 和 Blast 获得的复杂积分菊花链引入了多层风险，包括清算和协议漏洞。

Conclusion

结论

The battle for market share in the LRT space is set to escalate following the launch of EigenLayer's mainnet and the upcoming integrations by Juice and Gearbox. Renzo's ezETH has emerged as a formidable contender, leveraging its technical advantages and innovative collaborations to capture an increasing share of the market. As the competition intensifies, it will be fascinating to witness the ongoing evolution of this rapidly expanding sector within the DeFi landscape.

随着 EigenLayer 主网的推出以及 Juice 和 Gearbox 即将进行的整合，轻轨领域的市场份额争夺战将进一步升级。 Renzo 的 ezETH 已成为一个强大的竞争者，利用其技术优势和创新合作来占领越来越多的市场份额。随着竞争的加剧，见证这个快速扩张的领域在 DeFi 领域的持续演变将是一件令人着迷的事情。