April 2025 Update
The monthly governance recaps provide a summary of essential governance updates from the previous month. This edition highlights Renzo’s governance activities for April 2025.
Featured in this report are:
- Snapshot Proposals
- Insights into Voting Behaviour
- Other updates
- Conclusion
Snapshot Proposals
April saw only one major snapshot proposal, bringing a new growth phase to the protocol.
RP-4: New Strategic Incentives for Renzo saw a total voter count of 44 participants. That was a 144% increase in voter turnout as compared to March. TLDR; RP-4 reflects Renzo’s position as the highest-yielding LRT and sets the stage for the next phase of growth. The new program is tailored directly to strategic pools for more targeted and effective rewards. With an astounding pass on the votes, the Foundation is set to kick off this new phase from here.
Other Updates
Include risk articles and reports from Chaos Labs: AVS and Network Onboarding guide, ezETH Security Upgrade Risk Analysis, and a Monthly Risk Review for ezETH, featuring an APR of 5.84% in April alone.
AVS onboarding guide - article contains sections for onboarding AVSs including: Business Assessment, Product, Reward, Slashing conditions and Risk-Adjusted returns. Deep dive into the article here.
Conclusion
The month of April saw 1 active snapshot proposal. Up-to-date risk reports by Chaos Labs signals a consistent effort towards security and risk-adjusted rewards optimisation.