PROJECT OVERVIEW -
đ˘ Renzo is a Liquid Restaking protocol
â #RENZOis developed based on EigenLayer's staking solution. This protocol helps users access EigenLayer products easily
â Renzo is a Liquid Derivatives platform built on EigenLayer.
â The project plays a role in securing authenticated Services
â Brings higher profits than simple ETH staking
â Renzo will pay users 100% of the rewards coming from EigenLayer.
â The project's current TVL is: more than 570.94 million USD
â Investment Funds: Binance Labs, IOSG Ventures, Maven11, ...
đ˘ And to understand better, we will go into detail about how#RZoperates
1- ACCESS https://app.renzoprotocol.com/restake
2- CONNECT WALLET
3- Choose the type of token you want to retake. Currently Renzo is supporting ETH and 2 types of LST including: stETH, WBETH.
4- Enter the amount of Eth you want to Restake
For example: Eth -> EzEth
5- Click Confirm to confirm
đŞBinance announces the 53rd project on Binance Launchpool â Renzo (EZ)
âď¸Users will be able to stake their BNB and FDUSD into separate pools to farm EZ tokens for 06 days
âď¸farming starts from April 24, at 00:00 UTC.
âď¸Binance will then list $EZ on April 30, at 12:00 UTC
âď¸ Open trading for EZ/BTC, EZ/USDT, EZ/BNB, EZ/FDUSD and EZ/TRY trading pairs. Renzo is a fluid reset protocol.
đ¸ Total Token Supply: 10,000,000,000 EZ
đ¸ Launchpool token reward: 250,000,000 EZ
đ¸ Initial circulating supply: 1,050,000,000 EZ
đ Project details: https://www.binance.com/en/support/announcement/introducing-renzo-ez-on-binance-launchpool-farm-ez-by-staking-bnb-and-fdusd-b1e64410cc9c4ab29687392f5581a61b ?hl=en#binance#Launchpool