Renzo Protocol Controversy: ezETH Lost Peg, Airdrop Sparked Debates

Renzo Protocol’s liquid restaking token (LRT) ezETH experienced depeg on Wednesday amidst the controversial REZ native token airdrop. The incident caused ezETH to lose 1:1 parity on its underlying asset, Ethereum (ETH). Renzo (REZ) Airdrop Allocation Raised Community’s Concerns ezETH’s price experienced a momentary fall to as low as $688 on the decentralized exchange (DEX)... source: https://beincrypto.com/renzo-ezeth-depeg-airdrop-rez/