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The Renzo LRT aims to close the loop in layer 2 DeFi by allowing users to put their ETH in an eigenlayer or layer two, ensuring capital remains in the ecosystem. Through Renzo LRT, capital put into eigenlayer immediately returns to the L2 ecosystem. EZ ETH is minted on each L2, maintaining liquidity without fragmentation. Users can deposit both native ETH and LST on these L2s into Renzo to receive one LRT token, enhancing fungibility and user experience.
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