#REZ , which came from #Binance 's launcpholl project, is recovering well even though it fell when it was first listed.

$REZ Let's remember what it is

Renzo ($REZ ) is a cross-chain liquid restaking protocol based on the EigenLayer blockchain. It allows users to stake ETH and other liquid staking tokens (LST) on popular platforms such as Ethereum, Arbitrum, and BNB Chain.

Maximum Token Supply: 10,000,000,000 REZ

REZ is the governance token of Renzo Protocol. The cryptocurrency, which was not yet on the market as of April 27, was released through Binance.

Renzo is still a new project. The protocol was founded in 2023 by Kratik Lodha and Lucas Kozinski. Beta mainnet was activated in December of the same year. The project completed its first financing round in early 2024.

Renzo was designed to simplify the process of restaking liquid tokens offered by EigenLayer. Staking refers to locking cryptocurrency into a blockchain network.

$REZ I think it is a project that I believe will reach great places in the mega bull.

I hope everyone wins.

#CryptoWatchMay2024 #REZ