⛏⛏⛏Binance#BinanceNew Coin Mining 53rd Project - REZ

Dear #BNB 📷 holders and FDUSD holders, don't forget to invest⛏Now put BNB and FDUSD into the SAGA mining pool to start mining #REZ:

Next, let's take a quick look at what Renzo is

What is Renzo?

•Renzo is a liquidity re-staking protocol based on EigenLayer, which abstracts all the staking complexities of end users, and stakers don't have to worry about the active selection and management of operators and reward strategies.

•Unlike traditional staking, Renzo allows users to obtain higher returns. Renzo effectively releases the liquidity of re-staking ETH by introducing the derivative token ezETH; secondly, it uses advanced algorithms to balance returns and risks in real time, so as to automatically make the best configuration choices for users and ensure a stable and considerable return on investment.

What is the highlight of #Renzo?

•After re-staking, the liquidity of ETH will be locked. Renzo's solution is to use the derivative token ezETH to release the liquidity of re-staking ETH;

•With the increase in the number of EigenLayer active verification services (AVS), different verification configuration strategies will have different benefits and risks, and Renzo can use its algorithm to balance benefits and risks in real time, replace users to make complex configuration choices, and help users achieve stable high returns.

Financing and token circulation?

Binance Labs participated in the investment in Renzo. In January this year, Renzo announced the completion of a $3.2 million seed round of financing, led by Maven11, and participated by IOSG Ventures, Figment Capital, SevenX Ventures, etc.

As of April 23, 2024, the total supply of $REZ is 10,000,000,000, and the circulating supply after listing will be 1,050,000,000 (about 10.50% of the total token supply). Please see the attached figure for token allocation and unlocking

Binance will list Renzo (REZ) at 20:00 Beijing time on April 30. The current over-the-counter price is between 1.2-1.6. You can guess the price in the comment section