Passive LRT Strategies
This page will discuss how to earn boosted yields on LRT assets.
ZeroLend supports a comprehensive list of liquid restaking tokens or LRTs to help you leverage the growing LRT narrative. By supplying LRTs on ZeroLend, you receive competitive supply APY, Zero Gravity Points, EigenLayer points, and points from our respective LRT partners.
The LRT reward points might change depending on the partnership terms with our partner LRT projects and other factors that govern supply/borrow rewards on ZeroLend.
For demonstration purposes, this guide will supply Renzo ($ezETH) on our Ethereum LRTs Market. You can follow the same steps for other LRTs on other markets.
You can earn boosted LRT yields on ZeroLend by depositing or borrowing crypto assets on ZeroLend.
How to receive $ezETH yields on ZeroLend?
Renzo Protocol is a Liquid Restaking Token (LRT) with EigenLayer as a backend infrastructure. Its liquid restaking token, $ezETH, offers a higher yield than you’d get from just staking your ETH.
Start accumulating boosted yields on $ezETH in just 4 simple steps:
Step 1: If you don’t hold $ezETH, navigate to Renzo Protocol and mint $ezETH by staking $ETH.
Step 2: Visit https://app.zerolend.xyz and select Ethereum LRTs Market from the dropdown menu.
Step 3: Select $ezETH from the supported assets and review the supply terms, including APY.
Step 4: If you agree with the terms, enter the $ezETH amount you wish to supply and complete the deposit.
Check our guide on How to Supply on ZeroLend for a detailed walkthrough
Supply AssetsHow to receive $pufETH yields on ZeroLend?
Puffer Finance is a decentralized native liquid restaking protocol (nLRP) deployed on EigenLayer.
Step 1: You can get $pufETH by staking $ETH on Puffer Finance.
Step 2: Once you receive $pufETH, go to https://app.zerolend.xyz and switch to our Ethereum LRTs Market.
Step 3: Select $pufETH from the supported assets and click ‘Details’ to review the supply APY.
Step 4: Once you agree with the terms, supply $pufETH and complete the deposit.
How to receive $rsETH yields on ZeroLend?
Kelp's liquid restaked token, $rsETH, offers liquidity to illiquid assets deposited into staking platforms, such as EigenLayer.
Supply $rsETH on ZeroLend to earn yields:
Step 1: To mint $rsETH, stake your $ETH on KelpDAO.
Step 2: Navigate to our website - https://app.zerolend.xyz and select Ethereum LRTs Market.
Step 3: Select $rsETH from the supported assets and review the supply terms.
Step 4: After thoroughly reading the supply terms and agreeing to them, click ‘Supply’ to proceed with the deposit.
How to receive $weETH yields on ZeroLend?
$weETH is EtherFi's restaked token.
Step 1: Connect your wallet on EtherFi and stake your Ethereum on their dAPP to receive $eETH
Step 2: Wrap your $eETH to $weETH on the same tab.
Step 3: Visit our website https://app.zerolend.xyz and connect your wallet to our Ethereum LRTs Market.
Step 4: Now select $weETH and click ‘Details’ to review the supply APY and other terms.
Step 5: If you agree to the supply terms, click ‘Supply,’ enter the $weETH amount you wish to supply, and complete the deposit.
Please find the list of supported LRTs and chains here.
Disclaimer:
Our tutorials and guides are only for educational purposes. Any information mentioned in this guide is not an endorsement, buy/sell recommendation, or investment advice. We shall have no liability regarding your use of our partner protocols, such as Rezno Protocol, Puffer Finance, KelpDAO, ether.fi, or third-party applications.
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