😱🚀🚀Binance Announces the Altcoin It Chose for the 53rd Launchpool Project! BNB Took Action After the Announcement!
Binance, the leading global cryptocurrency exchange, has announced the 53rd edition of the Binance Launchpool, a liquid repurchase protocol aimed at increasing user participation in the crypto ecosystem. he introduced #RENZO (#REZ ) as a project.
Binance Is Launching Renzo (REZ) on Launchpool
The Launchpool web page for Renzo (REZ) is expected to go live in about 5 hours, just before the start of the Launchpool.
Users will have the opportunity to deposit BNB and FDUSD tokens into separate pools to collect REZ tokens for a six-day period starting from 00:00 on April 24, 2024.
Listing Details
After the farming period, Binance will list REZ tokens for trading on April 30, 2024 from 12:00.
REZ will be matched with various trading pairs, including REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD and REZ/TRY. The Seed Label will be applied to REZ upon listing.
REZ Launchpool Information
Token Name: Renzo (REZ)
Maximum Token Supply: 10,000,000,000 REZ
Launchpool Token Rewards: 250,000,000 REZ (2.5% of the maximum token supply)
Initial Circulating Supply: 1,050,000,000 REZ (10.50% of the maximum token supply)
Smart Contract Details: Ethereum
Staking Conditions: KYC required
Fixed Upper Limit of Hours Per User:
147,569.44 CRUSH in the BNB pool
26,041.67 REZ in the FDUSD pool
BNB Stake Rewards: 212.500.000 REZ (85%)
Bet FDUSD Rewards: 37,500,000 REZ (15%)
April 24, 2024, 00:00 – April 29, 2024, 23:59
Binance emphasizes that it will be the first platform to list REZ tokens and transactions will start at 12:00 on April 30, 2024. All claims that REZ tokens will be offered for sale before this timeline are considered false advertising.
Binance advises users to do their own research to ensure the security of their funds.
*It is not investment advice.