Renzo Protocol RP-4 Vote
APR
12
Event date
Saturday 12 April 2025, UTC
Event description
- Renzo Protocol, a DeFi liquid restaking platform launched in 2023, announced voting for RP-4 on April 7, 2025, to replace its ezPoints program with a Strategic Incentive Program, aiming to drive protocol growth through targeted REZ token incentives.
- The ezPoints program, rewarding users for holding ezETH or ezSOL since Renzo’s beta launch, is being sunset due to diminishing returns at scale, as participation exceeds $1B, a trend observed in DeFi where point systems lose effectiveness per Renzo’s analysis.
- RP-4 proposes incentivizing integrations with platforms like Aave and Uniswap, redirecting REZ emissions to strategic partnerships, a shift that could accelerate Renzo’s growth but risks alienating users accustomed to ezPoints, as debated in governance forums.
Renzo
Renzo
Be aware of the recent news
in crypto every day
Please keep me updated by email with the latest crypto news, research findings, reward programs, event updates, coin listings, and more information from Bitdates.