Depeg of $3B restaking token ezETH causes over $60M in DeFi liquidations
![](https://protos-media.s3.eu-west-2.amazonaws.com/wp-content/uploads/2024/04/24180532/Protos-Artwork-ezETHBillions-1200x675.jpg)
Renzo Protocol’s liquid restaking token ezETH, suffered a sharp depeg in response to an unpopular and misleading tokenomics announcement.
Renzo Protocol’s liquid restaking token ezETH, suffered a sharp depeg in response to an unpopular and misleading tokenomics announcement.