Renzo Faces Market Backlash Following Tokenomics Reveal

observers.com/renzo-faces-market-backlash-following-tokenomics-reveal

Prior to the , Renzo, a liquid restaking protocol built on top of Eigenlayer, this week. Its details, however, have disappointed many stakeholders, including the ETH stakers within the protocol and holders of ezETH, Renzo’s liquid restaking token. This has resulted in a brief price drop of ezETH to approximately $700, followed by a cascade of liquidations among leverage…

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