After many days of waiting, Renzo has become the 53rd project on #BinanceLaunchPool🔥 . Launchpool is one of the most stable bets on the market today. Right now, let's find out with Coinplus what #Renzo is? What is Token #REZ ? What is REZ used for right now.
What is Renzo?
Renzo is an advanced Liquid Staking protocol on the EigenLayer platform. Renzo brings many outstanding benefits to users:
Optimal profits: With Renzo, profits from ETH Staking are not only flexible but also higher. This helps users optimize their finances.
Security: Safety is always the top priority. Renzo ensures the safety of your assets through authenticated services on EigenLayer.
Transparency: Renzo is committed to full transparency, providing complete information about the protocol's operations and performance.
Renzo's TVL is up to 570 million USD, which shows users' trust in the protocol. Renzo also has many reputable backers such as Binance Labs, IOSG Ventures..
What is REZ token?
#REZ is the native governance and utility token of the Renzo protocol. It will be used for many different purposes within the protocol.
What is REZ token used for?
REZ tokens will be used to vote on governance proposals on Renzo decisions. One of them will be decisions regarding the direction of protocol development.
REZ metric
Name: REZ
Type: ERC-20
Initial Circ. Supply when listing Binance: 1,050,000,000 (10.50% of total supply)
Maximum total supply: 10,000,000,000
Distribution to Binance Launchpool: 250,000,000 (2.50% of total supply)
Binance Launchpool start date: April 24, 2024
REZ token distribution
REZ tokens will be distributed as follows:
Binance Launchpool: 2.50% of total supply
Airdrop: 10.00% of total supply
Investors & Advisors: 31.56% tổng cung
Team: 20.00% of total supply
Foundation: 13.44% of total supply
DAO Treasury: 20.00% of total supply
Liquidity: 2.50% of total supply
REZ token unlocking schedule
REZ tokens will be unlocked according to the following chart:
How to own REZ
Currently Launchpool REZ is taking place on Binance, you can absolutely receive REZ for free. You just need to stake BNB or FDUSD to receive REZ tokens. If you don't know how to join Launchpool, please refer to the article in Coinplus's feed. On April 30, the REZ token will be listed on the Binance exchange. If you do not have a Binance account, enter code KNA9ERI to receive reduced transaction fees.
summary
Recently we learned together the main information about the Renzo project. Hopefully you guys have a better understanding of this project. Wishing you success and making money from the market.