Renzo 协议：通过 Liquid 重新抵押重塑以太坊的安全格局

Renzo Protocol 是一种基于 EigenLayer 构建的 Liquid 重新抵押代币和策略管理器，为用户简化了复杂的重新抵押策略，使他们能够通过保护外部系统和应用程序来获得奖励。 EigenLayer 是一种协议，可重新利用以太坊进行共识层验证并保护其他称为主动验证服务 (AVS) 的应用程序。 Renzo Protocol 提供易于使用的界面，简化了选择最佳重质押策略的过程，以最大限度地提高回报，同时管理与 AVS 相关的风险。用户可以质押原生 ETH 或 Liquid 质押代币（LST）来接收 Renzo 的 Liquid 重新质押代币（ezETH），这代表了他们重新质押的头寸。

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

重塑以太坊的安全格局：Renzo 协议综合指南

Introduction

介绍

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.

在以太坊不断发展的叙述中，流动性重新抵押已成为一股迷人的力量，吸引着投资者探索其潜力。然而，外行可能会发现自己身处一个充满陌生术语和概念的迷宫中。伦佐协议 (Renzo Protocol) 是照亮这片未知领域道路的灯塔。

Liquid Staking vs. Liquid Restaking: A Primer

流动性质押与流动性重新质押：入门指南

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.

要把握流动性重质押的本质，我们首先要明确它与流动性质押的对比。顾名思义，流动质押需要在协议上质押代币（例如 ETH），该协议会生成质押资产的合成表示，称为流动质押代币（LST）。这些 LST 随后可以部署在各种 DeFi 项目中。

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.

相比之下，流动性重新抵押侧重于重新利用抵押的 ETH，以增强 Oracle 网络和 Rollups 等外部系统的经济安全。在此过程中，您同样会收到流动性重新抵押代币（LRT），但它们的目的有很大不同。

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.

轻轨领域的核心是 EigenLayer，这是一个建立在以太坊基础上的协议。 EigenLayer 首创了重新抵押作为原语的概念，使用户能够在其智能合约中重新抵押其 ETH，以增强网络上其他应用程序的加密经济安全性。

Introducing Actively Validated Services (AVS)

引入主动验证服务 (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 服务的应用程序称为主动验证服务 (AVS)。这些 AVS 可以包含侧链、网桥、预言机网络等。通过将您的 ETH 放入这些 AVS 中，您可以为其安全做出贡献，并获得回报。

Understanding Renzo Protocol's Role

了解 Renzo 协议的角色

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.

在这个生态系统中，Renzo 协议成为引导力量。 Renzo 建立在 EigenLayer 之上，作为一个界面，使用户能够驾驭该网络的复杂性。通过运营商节点和智能合约的结合，Renzo 精心策划了一项优化重新质押风险回报比的策略。

Introducing ezETH: The Liquid Restaking Token of Renzo Protocol

介绍 ezETH：Renzo 协议的流动性重新抵押代币

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 协议的 Liquid 重新质押代币，捕捉了用户在协议中重新质押头寸的本质。通过质押原生 ETH 或 LST（例如 wBETH、stETH），用户可以获得 ezETH，这是一种有奖励的代币，其价值随着其在 AVS 中的使用而产生收益而增加。

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

使用 Renzo 协议进行再抵押：分步指南

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

要使用 Renzo Protocol 开始您的液体重新服用之旅，请按照以下步骤操作：

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

获取 ETH 或 LST（例如 stETH）进行质押。导航到 Renzo Protocol 重新质押仪表板并连接您的钱包。选择所需的生态系统并输入您想要质押的金额。确认交易，您质押的资产将用于安全AVS，以 ezETH.ezPoints 的形式为您赚取奖励：奖励系统

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 协议采用“ezPoints”系统来激励积极参与并为协议的成功做出贡献。持有 ezETH、参与早期质押计划以及积累更高的 ezETH 余额都有助于累积 ezPoints，这最终决定了代币生成活动期间 REZ 代币的分配。

The REZ Token: Governance and Utility

REZ 代币：治理和实用性

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 代币是 Renzo 协议去中心化承诺的核心。这种原生治理代币使持有者能够参与协议的治理，通过对各种事项的建议来塑造其未来，包括运营商白名单、AVS 选择和风险管理框架。

Tokenomics and Distribution

代币经济学和分配

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代币总供应量上限为10,000,000,000，上市后初始流通量为1,150,000,000。代币分配经过精心策划，以确保各个利益相关者之间的公平分配，包括早期投资者、社区成员、核心贡献者和协议基金会。

The Renzo (REZ) Airdrop

Renzo项目空投糖果

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 为自推出以来一直努力积累 ezPoints 的社区成员进行了备受期待的空投。符合条件的钱包将根据其累积的 ezPoints 接收 REZ 代币，具体取决于较大钱包的归属时间表。

The Team and Investors Behind Renzo Protocol

Renzo Protocol 背后的团队和投资者

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 团队在加密货币行业拥有丰富的经验，拥有借贷和区块链技术背景。该协议还获得了信誉良好的投资者的支持，包括 Maven11、Binance Labs 和 IOSG Ventures 等。

Participating in the Binance Launchpool for Renzo Protocol (REZ)

参与 Renzo 协议 (REZ) 的币安启动池

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.

对于那些寻求购买 REZ 代币的人，Renzo Protocol 已与 Binance Launchpool 合作。通过质押 FDUSD 或 BNB，用户可以获得 REZ 奖励。该活动将于 4 月 30 日结束，随后不久开始交易。

Conclusion

结论

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 协议已成为液体重新抵押领域的变革性参与者，提供了一个用户友好的界面来利用 EigenLayer 重新抵押原语的力量。虽然该协议提供了诱人回报的潜力，但以知情的视角来对待它、彻底评估一个人的风险承受能力并进行全面的研究至关重要。

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.

随着流动性重新抵押叙事的不断展开，Renzo Protocol 已准备好塑造其发展轨迹，使用户能够为以太坊和其他新兴区块链生态系统的安全做出贡献。