Renzo Protocol just lately introduced a partnership with CIAN Protocol. In line with Renzo, the partnership launches ezETH Yield Layer as a brand new discussion board that provides ezETH holders the chance to enhance return era with the revolutionary mixture of liquidity and credit score methods. The platform took to social media to offer particulars of this endeavor.
Yield Layer from @CIAN_protocol gives ezETH customers with publicity to @aave lending methods with the stability of LP charges from @Uniswap
Deposits are restricted and can improve with AAVE
https://t.co/Bjd734cJvn
— Renzo (@RenzoProtocol) October 26, 2024
Renzo Protocol Companions with CIAN Protocol to Unveil ezETH Yield Layer to Allow Substantial Returns
The platform introduced in a latest X put up that the ezETH Yield Layer permits Renzo customers to earn vital returns. It reportedly makes use of Aave’s lending mechanisms, other than Uniswap’s liquidity supplier charges. With this twin technique, the partnership delivers a streamlined but environment friendly technique. This enables customers to develop ezETH yields throughout the DeFi ecosystem.
The ezETH Yield Layer reportedly delivers returns by bringing ezETH holdings to Aave’s credit score markets. There, customers can improve curiosity amongst savers and on the similar time profit from the soundness and safety of Aave’s lending protocol. Moreover, by including Uniswap’s LP charges, the Yield Layer attracts a secondary wave of income from a preferred decentralized alternate. Thus, it creates a well-tailored income era plan with each optimization and diversification.
The venture gives a 12.8x multiplier for the $REZ tokens
Along with the yield potential of the ezETH Yield Layer, it additionally gives a exceptional reward construction for customers. It locations ezETH in its tier, so individuals get a 12.8x multiplier on the $REZ tokens. This multiplier encourages lively engagement and encourages early adopters, rising the enchantment of the platform.