August 14, 2024 • 1 minute reading time

Renzo Announces Jito (Re)staking Integration

Jito Foundation
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Solana HFT

We're delighted to announce that Renzo Protocol, a leader in Liquid Restaking on Ethereum, is set to launch the ezSOL Vault Receipt Token (VRT) in collaboration with the Jito Network.

This partnership will enable users to mint ezSOL using JitoSOL as the underlying staked asset, harnessing the power of Jito's MEV-enhanced validator network. By combining staking rewards, restaking rewards, and MEV tip revenues, this integration aims to maximize reward generation for users.

Uniting Renzo's expertise in managing risk and AVS/NCN selection with Jito's innovative restaking infrastructure will pave the way for enhanced capital efficiency and new DeFi strategies within the Solana ecosystem.

We invite projects interested in building on the Jito (Re)staking platform to reach out to us through this form. We welcome inquiries from NCNs, VRTs, and node operators.

About Jito (Re)staking: 

Jito (Re)staking is a multi-asset staking protocol for Node Consensus Networks. The protocol tokenizes staked assets as Vault Receipt Tokens for enhanced liquidity and composability. Node consensus networks can use Jito (Re)staking to easily customize staking parameters, slashing conditions, and economic incentives to tailor their security and tokenomics.

About Renzo: 

Renzo is a strategy manager and liquid restaking token provider for EigenLayer, Symbiotic and most recently Jito. Renzo's $ezETH, $pzETH and now $ezSOL serve as the interface to the EigenLayer, Symbiotic and Jito ecosystems, respectively. The mission of $ezETH, $pzETH and $ezSOL is to secure AVSs and NCNs, and generate both staking and restaking rewards.