AutoLayer has Integrated with Renzo Protocol on Arbitrum

Exciting news continues to roll in!

We’re thrilled to announce the integration of AutoLayer with Renzo Protocol on Arbitrum. This integration is one of many significant steps forward in our journey to provide our users with enhanced Liquid Restaking opportunities for yield generation.

Renzo is offering their Restaked ETH (ezETH) on the AutoLayer interface which you can seamlessly restake by accessing it using this link. You can earn staking rewards, EigenLayer points, Renzo’s ezPoints, and AutoLayer points all at the same time!

Here’s a quick summary of what this integration entails:

1. APY Calculation: AutoLayer will create Annual Percentage Yield (APY) by using historical data. Essentially, we will utilize daily values taken from Renzo to create an APY figure, ensuring transparency and accurate information.
2. Points Retrieval: AutoLayer will be making use of Renzo’s API to retrieve points from the protocol. This is what will allow users to see how many ezPoints they acquire when they invest in Renzo’s LRT. Proxy servers will be set up to prevent the AutoLayer IP from being blocked.
3. Bonus AutoLayer Points: To provide more incentives and enhance the user experience, we’ll be adding extra AutoLayer points to anyone who acquires or mints ezETH.
4. Minting: Minting isn’t available right now, but AutoLayer is actively working on getting it ready. It should be done in the coming weeks, and we will be using Connext Bridge for seamless integration.

By combining the power and ease of use that AutoLayer has with the innovative features of the Renzo protocol, we’ve created yet another great avenue of yield to help enhance your DeFi experience on Arbitrum.

Stay tuned for more updates as we continue to evolve and innovate in the DeFi space.

Should you have missed our recent article:

$LAY3R IDO is Arriving to Poolz Finance

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About AutoLayer (Formerly Tortle Ninja)

AutoLayer is the premier Liquid Restaking Tokens (LRT) Finance app on Arbitrum. Harness the potential of EigenLayer by restaking into various LRT/LST options with just one click while conserving and compounding your yields effortlessly. All LRTfi. One interface.

About Renzo Protocol

Renzo is a Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer. It is the interface to the EigenLayer ecosystem securing Actively Validated Services (AVSs) and offering a higher yield than ETH staking. The protocol abstracts all complexity from the end-user and enables easy collaboration between them and EigenLayer node operators.