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Renzo expands the governance token REZ to Solana through Wormhole
Jinse Finance reported that Renzo Protocol announced the launch of its governance token REZ on Solana to enhance its influence in the blockchain ecosystem and utilize Wormhole's native token transfer framework. REZ was originally deployed on the ETH network and will be transferred to Solana using the Wormhole framework. The Guardian network uses secure Cross-Chain Interaction proofs to ensure the transfer of tokens between ETH and Solana. The REZ on Solana will be pegged 1:1 with the REZ on ETH, and the press release also states that the token will adhere to Solana's token standards and be compatible with the blockchain's DeFi ecosystem.