Renzo 透過「ezSOL」參與 Solana 的休息

液體質押協議Renzo 以其在EigenLayer 和Symbiotic 等基於以太坊的項目上的工作而聞名，週三透露，它正在準備一種新的液體質押代幣，專注於目前由開發商Jito Labs 開發的以Solana 為中心的再質押平台。

A new liquid staking token is in the works from Renzo, a protocol best known for its work on Ethereum-based restaking projects like EigenLayer and Symbiotic.

Renzo 正在開發一種新的流動質押代幣，該協議因其在 EigenLayer 和 Symbiotic 等基於以太坊的重新質押項目上的工作而聞名。

The new token, called ezSOL, will offer holders exposure to Jito Labs’ yield-generating Solana infrastructure, a development effort that will see a new class of protocols and applications secured without having to spin up additional validator networks.

這種名為 ezSOL 的新代幣將為持有者提供 Jito Labs 產生收益的 Solana 基礎設施的機會，這項開發工作將在無需啟動額外驗證器網路的情況下確保新型協議和應用程式的安全。

Jito, a developer of infrastructure tools for Solana, has yet to launch its planned restaking effort on mainnet. But the mere prospect of this potentially lucrative greenfield is already attracting launch partners.

Solana 基礎設施工具開發商 Jito 尚未在主網上啟動其計劃的重新抵押工作。但這潛在利潤豐厚的綠地的前景已經吸引了啟動合作夥伴。

It’s a change of pace for one of the established players of EigenLayer’s pioneering restaking ecosystem. Renzo’s ezETH is among the Ethereum world’s biggest liquid restaking tokens: It takes users’ ETH or ETH liquid staking tokens and “restakes” them with certain blockchain apps to provide a measure of economic security, generating interest along the way.

對於 EigenLayer 開創性重新抵押生態系統的老牌參與者之一來說，這是一個步伐的變化。 Renzo 的ezETH 是以太坊世界上最大的流動性重新抵押代幣之一：它採用用戶的ETH 或ETH 流動性抵押代幣，並透過某些區塊鏈應用程式「重新抵押」它們，以提供一定程度的經濟安全性，並在此過程中產生利息。

The same general principles will apply in Jito’s upcoming restaking protocol, said Renzo founding contributor Lucas Kozinski, albeit with some different verbiage. EigenLayer refers to blockchain apps secured via restaking as “actively validated services,” or AVSs, whereas Jito calls them Node Consensus Networks (NCNs).

Renzo 的創始貢獻者 Lucas Kozinski 表示，同樣的一般原則也將適用於 Jito 即將推出的重新抵押協議，儘管措辭有所不同。 EigenLayer 將透過重新抵押保護的區塊鏈應用程式稱為「主動驗證服務」或 AVS，而 Jito 稱之為節點共識網路（NCN）。

“We think that restaking is going to be the largest DeFi segment, similar to how liquid staking grew, and because of the complexities associated with restaking, I think everybody focuses on the token, but they don't realize how much infrastructure needs to be run to essentially be able to secure AVSs and in Jito’s cases, NCNs,” Kozinski said.

「我們認為重新質押將成為最大的 DeFi 領域，類似於流動性質押的增長方式，並且由於重新質押相關的複雜性，我認為每個人都關注代幣，但他們沒有意識到需要多少基礎設施運行基本上能夠保護AVS，在Jito 的情況下，能夠保護NCN，」Kozinski 說。

How Renzo ezSOL works

Renzo ezSOL 的工作原理

Renzo’s ezSOL will work in close proximity to Jito’s own staking token, jitoSOL. Solana users who deposit SOL into Renzo will get back the ezSOL token, Kozinski said. Behind the scenes, Renzo will stake that underlying SOL with Jito to get jitoSOL, where it MEV rewards and gains exposure to the native yield of the Solana blockchain. Renzo will then restake that jitoSOL with NCNs.

Renzo 的 ezSOL 將與 Jito 自己的質押代幣 jitoSOL 緊密結合。 Kozinski 表示，將 SOL 存入 Renzo 的 Solana 用戶將取回 ezSOL 代幣。在幕後，Renzo 將把底層 SOL 與 Jito 進行質押以獲得 jitoSOL，MEV 將獎勵並獲得 Solana 區塊鏈的原生收益。然後，Renzo 將使用 NCN 重新持有該 jitoSOL。

Despite some similarities between Renzo’s liquid restaking setups on Ethereum and, soon, Solana, getting it all going is far more complicated than simply plugging the old system into the new. Solana follows an entirely different architecture than Ethereum and its apps are written in a different coding language.

儘管 Renzo 在以太坊上的液體重新抵押設置與即將推出的 Solana 之間存在一些相似之處，但讓這一切順利進行比簡單地將舊系統插入新系統要復雜得多。 Solana 遵循與以太坊完全不同的架構，其應用程式是用不同的編碼語言編寫的。

Kozinski said he has hired Rust engineers to build smart contracts for ezSOL. A press release said those smart contracts will relay the value generated by restaking into the price of ezSOL. If all goes according to plan, ezSOL will trade in tandem with but slightly higher than SOL, much like Jito’s staking token, jitoSOL does.

Kozinski 表示，他已聘請 Rust 工程師為 ezSOL 建立智慧合約。一份新聞稿稱，這些智能合約將把重新質押產生的價值傳遞到 ezSOL 的價格。如果一切按計劃進行，ezSOL 將與 SOL 同步交易，但略高於 SOL，就像 Jito 的質押代幣 jitoSOL 一樣。

Solana also has a different crypto culture than Ethereum. Its user base of crypto traders, stakers and borrowers crossover but hardly match up. Each chain has its share of partisans, some of whom believe this network or that is practically – sometimes even philosophically – superior to the other.

Solana 還擁有與以太坊不同的加密文化。其加密貨幣交易者、質押者和借款人的用戶群交叉但幾乎不匹配。每個鏈條都有自己的支持者，其中一些相信這個網絡或那個網絡實際上（有時甚至在哲學上）優於另一個網絡。

That dynamic helped doom other blockchain apps who tried to cross the cultural and technological chasm. Ethereum’s liquid staking leader Lido once tried to challenge Solana’s resident staking services and gain dominance on both chains. It failed and in February retreated.

這種動態導致了其他試圖跨越文化和技術鴻溝的區塊鏈應用程式的失敗。以太坊的流動性質押領導者 Lido 曾試圖挑戰 Solana 的居民質押服務，並在兩條鏈上獲得主導地位。但它失敗了，並在二月撤退。

That makes Renzo – a name brand only in the Ethereum restaking world – a somewhat unlikely candidate for success on Solana. It isn’t abandoning its Ethereum product, but it is betting expansion to another has more potential than staying put.

這使得 Renzo（僅在以太坊重新抵押世界中的知名品牌）成為 Solana 上成功的候選人。它並沒有放棄其以太坊產品，但它押注擴展到另一個產品比原地踏步更有潛力。

Kozinski is nevertheless insistent that Renzo can make it work. He said his team is culturally similar to Jito’s and can align in ways that incentivize activity. He also pointed out that Renzo is not working alone. Its product feeds directly into Jito, one of the Solana’s most successful startups to date.

儘管如此，科津斯基堅持認為倫佐可以讓它發揮作用。他說，他的團隊在文化上與 Jito 的團隊相似，可以透過激勵活動的方式進行協調。他也指出倫佐並不是單獨工作。其產品直接輸入 Jito，這是 Solana 迄今為止最成功的新創公司之一。

“Ethereum users might be interested in using Solana. Solana users might be interested in using Ethereum. But the bigger play here is growing the Renzo user base and bring in that expertise that we've developed over the past year, building on top of EigenLayer,” he said.

「以太坊用戶可能對使用 Solana 感興趣。 Solana 用戶可能對使用以太坊感興趣。但這裡更大的作用是擴大 Renzo 用戶群，並引入我們在過去一年中在 EigenLayer 基礎上開發的專業知識，」他說。

The text above is an excerpt from a piece published by Danny Nelson, a managing editor at CoinDesk, on March 22, 2024.

以上文字摘自 CoinDesk 執行編輯 Danny Nelson 於 2024 年 3 月 22 日發表的文章。