The re-pledge service itself does not have any project barriers, but what to do with the re-pledge service is the core of the project.
This article outlines:
What is Renzo
Token Economy
TVL
How to participate in launchpool
Official website points activities
Opening expectations and subsequent trading plans
What is Renzo?
A liquidity re-staking protocol that leverages streamlined operations to quickly collaborate within the EigenLayer ecosystem and simplify the reward earning process for cryptocurrency holders.
Staking + re-staking is itself a part of DeFi, but who can do better on this basis is the real key. From Renzo’s achievements since its launch, it is not difficult to see its potential.
$3.5 billion in deposits since December 18
33.5% re-staking market share
Top 10 DeFi protocols by TVL
250,000+ active community members
Token Economy:
As of April 23, 2024, the total supply of $REZ will be 10,000,000,000 (10 billion), and the circulating supply at listing will be 1,050,000,000 (1.05 billion) (approximately 10.50% of the total token supply)
25 years ago, the maximum circulation was maintained at around 20%, while the circulation at the beginning of listing was 10.5%.
TVL：
TVL is the key
$3.5 billion in deposits since Dec 18 33.5% re-staking market share Top 10 DeFi protocols by TVL
Official website points activity: [Official website promotion]
Users who provide liquidity on the following DEXs between April 20th and 27th at 9pm UTC will receive 3x ezPoints
Season 1 activity ends on April 26 Season 2 rewards will be claimed on May 2 5% of supply will be airdropped to Season 1 participants The largest wallets will receive 50% linear vesting over 6 months
How to participate in Binance launchpool: [Just look at the picture]
1. Enter Binance Launchpad official website [Mobile app homepage More services Finance launchpool Staking mining]
2. Choose to participate with BNB or FDUSD. To obtain FDUSD, you can choose the flash exchange function in the exchange, or search for spot: FUDSD/USDT trading pair. As the name suggests, use USDT to buy FDUSD. FDUSD is also a stable currency and there is no risk of sudden rise or fall. When you need to exchange it back to USDT, you can also choose the FDUSD/USDT trading pair and click to sell.
3. Double income: Users who hold BNB, whether you put it in financial management or regular deposit, will automatically participate in mining. For details, please visit the BNB income pool. BNB income pool No matter you put BNB in current account or regular deposit, you can automatically participate in mining. Don't worry about this. You can enjoy BNB income and mine automatically at the same time.
👉 For those who are not interested in the project report and are only interested in the coin price, let’s take a look at the expectations!
Based on the FDUSD mining income, I invested 5000 FDUSD, 0.5 per hour, 12 per day, and a total of about 72 in 6 days. Friends who are familiar with me know that this FDUSD earns about 50u per period, so the price is around 0.6
Comparing with the competitor ETHFI [whose initial circulation is 100 million and total volume is 1 billion], based on the stable opening highs, the price is between 0.4-0.5
Based on the recent ##Launchpool listed market value of 300-600 million, its range is 0.3-0.6
Based on BNB mining income, the price of rez is about 0.5-0.6
Therefore, in general, the price range of REZ will eventually fluctuate around 0.5
