Re-pledge protocol Renzo completes US$3 million in seed round financing, led by Maven11

Renzo, the liquidity re-staking protocol of the Eigenlayer ecosystem, announced the completion of a $3 million seed round of financing, led by Maven11, with participation from SevenX Ventures, Figment Capital, IOSG, and others.According to RootData, Renzo is a re-staking protocol based on EigenLayer. Renzo abstracts the complex process of final user re-staking, so stakers do not have to worry about the active selection and management of operators and reward strategies. ezETH is Renzo's liquidity re-staking token, which automatically obtains rewards and ensures liquidity. ezETH allows users to participate in DeFi while retaining re-staking rewards.