Renzo (EZ) is a protocol designed to simplify staking for users and facilitate collaboration with EigenLayer node operators and Approved Services (AVSs). Renzo offers ezETH, a liquid restaking coin that allows users to participate in restaking while maintaining liquidity, and EZ coin, the mainnet and governance coin of its protocol.
What is Renzo?
Renzo is a platform that abstracts away the complexities of staking for users and makes it easier for them to participate in staking activities.
By simplifying staking processes, Renzo aims to encourage broader adoption and collaboration within the Blockchain ecosystem. Through Renzo, users can seamlessly collaborate with EigenLayer node operators and Approved Services (AVSs).
What is EZ Coin?
Renzo offers two important coins: ezETH and EZ. ezETH is a liquid restaking coin that allows users to maintain liquidity while engaging in restaking activities. This coin allows users to re-stake their assets without locking them up.
EZ, on the other hand, is the mainnet and governance coin of the Renzo protocol. It is used to vote on governance proposals regarding the operation of the protocol and enables the community to participate in decision-making processes.
As of April 23, 2024, the total supply of EZ coins is 10 billion units. After Binance listing, the circulating supply of EZ coins will be 1 billion 50 million units, which corresponds to approximately 10.50 percent of the total coin supply.
EZ coin plays a very important role in managing the Renzo protocol. EZ coin holders have the right to vote on governance proposals that affect the operation and development of the protocol. These management proposals may include important measures and decisions that shape Renzo's future, ensuring that community interests are represented and taken into account.
How to Buy EZ Coin?
EZ coin can be bought and sold safely on Binance, the world's largest cryptocurrency exchange. EZ coin will be listed on Binance on April 30 at 12:00 UTC and will be available for trading in EZ/BTC, EZ/USDT, EZ/BNB, EZ/FDUSD and EZ/TRY trading pairs.
In order to buy EZ coin, you must first be a member of the Binance exchange (if you do not already have one). You can become a member of Binance by continuing from here.
After completing the membership process, fiat money such as crypto money or Turkish lira must be transferred to the account wallet in Binance. After the price money transfer is made, EZ coins can be purchased from the above five transaction parities.
For example, to purchase EZ/USDT trading parity on Binance, you must first go to the interface of this trading parity. The amount desired to be purchased is entered into the specified field from the limit tab on the trading parity interface. After entering the amount, the purchase process is completed with the EZ Buy order.
