Exciting news! There's a big opportunity to participate in a new coin launch called Renzo (REZ) on Binance Launchpool. Renzo will be exclusively available for farming on Binance, meaning you can't purchase it anywhere else. Let's delve into the details!

What is Renzo (REZ)? Renzo is a Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer, serving as the interface to EigenLayer's ecosystem. It secures Actively Validated Services (AVSs) and offers higher yields compared to ETH staking. Renzo simplifies user interaction with EigenLayer node operators.

Binance has announced the 53rd project on Binance Launchpool—Renzo (REZ), a liquid restaking protocol. The Launchpool webpage will go live in approximately 5 hours before the farming begins.

How to Farm REZ: Users can stake their BNB and FDUSD into separate pools to farm REZ tokens over a six-day period, starting from April 24, 2024, 00:00 (UTC).

Listing Details: REZ will be listed on Binance on April 30, 2024, 12:00 (UTC) with trading pairs including REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD, and REZ/TRY. The Seed Tag will be applied to REZ.

REZ Launchpool Details:

Token Name: Renzo (REZ)

Max Token Supply: 10,000,000,000 REZ

Launchpool Token Rewards: 250,000,000 REZ (2.5% of max token supply)

Initial Circulating Supply: 1,050,000,000 REZ (10.50% of max token supply)

Smart Contract Details: Ethereum (ETH)

Staking Terms: KYC required

Hourly Hard Cap per User:

BNB pool: 147,569.44 REZ

FDUSD pool: 26,041.67 REZ

Supported Pools:

Stake BNB: 85% of rewards (212,500,000 REZ)

Stake FDUSD: 15% of rewards (37,500,000 REZ)

Farming Period: April 24, 2024, 00:00 (UTC) to April 29, 2024, 23:59 (UTC).

This is a great opportunity to participate in farming REZ tokens, which you can either sell upon launch or hold for the long term.

#BinanceLaunchpool #bitcoinhalving #Megadrop #BullorBear $BTC $BNB $ETH