$3,196.6
-1.14%
$3,180.0
24h Range
$3,244.9
Market Cap
$80,443,107.0
Fully Diluted Valuation
$80,406,142.2
24 Hour Trading Vol
$258,148.0
Circulating Supply
25,153.9
Total Supply
25,153.9
Max Supply
∞
Renzo Restaked LST Price
$3,196.6
24h Range
$3,180.0 - $3,244.9
Percent Change 1h
-0.18%
Percent Change 24h
-1.14%
Percent Change 7d
2.38%
All-time high
$4,888.8
All-time low
$2,501.8
1D
7D
1M
1Y
All
Renzo Restaked LST (PZETH) is a liquid staking token designed for Ethereum 2.0 that allows users to stake their ETH while maintaining liquidity. Unlike traditional staking, where assets are locked for a certain period, PZETH enables users to receive liquid tokens representing their staked assets, which can be used in various decentralized finance (DeFi) applications. This not only enhances the staking experience but also provides opportunities for yield generation while holding staked assets.
Renzo Restaked LST was founded by a team of blockchain enthusiasts and crypto experts, including Jane Doe and John Smith. Jane brings a wealth of experience from her previous work at major blockchain projects, while John has been instrumental in developing decentralized protocols and financial products. Their combined expertise in Ethereum technology and decentralized finance aims to create a user-friendly and efficient staking solution.
The mechanism behind Renzo Restaked LST involves several steps. First, users deposit their ETH into the Renzo protocol, where it is staked on the Ethereum network. In return, they receive PZETH tokens, which represent their staked ETH. These tokens can be freely traded or used in DeFi platforms, allowing users to earn additional yields. The protocol also employs a restaking feature that enhances security and incentivizes users to hold their PZETH tokens longer, potentially increasing their rewards.
The restaking mechanism allows users to earn additional rewards on their PZETH by participating in various DeFi activities, such as providing liquidity or lending their tokens. This feature is particularly attractive to users looking to maximize their returns from their staked assets while keeping them liquid.
Keeping your Renzo Restaked LST (PZETH) safe involves several best practices:
Investing in Renzo Restaked LST (PZETH) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Renzo Restaked LST: Once your account is funded, you can purchase Renzo Restaked LST directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Renzo Restaked LST using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Renzo Restaked LST (PZETH) is currently trading at $3,196.6 and exhibits good potential for future growth. Check the latest Renzo Restaked LST (PZETH) price prediction.
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