Binance's 53rd project REZ, a brief introduction
👉Renzo is a staking derivatives platform based on EigenLayer. It aims to act as an interface to the EigenLayer ecosystem🌐 by protecting active verification services (AVS) and providing higher returns than ETH staking📈. For every LST or ETH deposited in Renzo, it will mint an equal amount of ezETH💰. Renzo further simplifies the complex process of end-user Restaking, so that re-stakers do not need to worry about the active selection and management of operators and reward strategies🎉.
👉In terms of risk management, Renzo divides the risks of AVS into two categories: confiscation risk and liquidity risk, and constructs an investment portfolio through quantitative calculations📊. Confiscation risk involves calculating the maximum loss (MaxLoss) of protecting one or more AVS to help determine the additional risk of protecting new AVS, or weighing the choice of a certain AVS over another AVS with greater risk🔍. Liquidity risk is measured by defining a risk-adjusted incentive ratio (RAR), which takes into account staking rewards, basic expenses, and maximum losses💸.
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In fact, before ETHFI was launched, REZ🔎 and ETHFI🔍 were compared, but I didn't expect that both of them would be launched on Binance🎉. The TVL in the figure below is the old one📜, and the new one has not been updated🔄, but in terms of proportion, it is basically Dragon 1🐲 and Dragon 2🐉 in eigenlayer (re-staking section).
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It is worth noting that this mining accounts for only 2.5% of the circulation📉, of which BNB mining accounts for 85%📈 and FDusd accounts for 15%📊, so the price of FDusd this time did not rise to 0.4% as before and was close to 1% at one point. As of now, the highest FD price yesterday was 0.3%📌, and then fell📉; at the same time, the increase in BNB is also relatively abnormal🚀, and the price is not stable💶. After the announcement of the new mine, the price formed a pin📌, and it feels like it has already reached the expected level🤔.
Very important tips: Also, don’t ignore 🔍, the initial circulation may only be 250 million from the launchpool 💎, because the time to claim the airdrop is April 2 📅, and by then, the circulation will reach 1.05 billion 🌊, which means that BNB members will run first 🏃♂️. As of now, the circulation market value of ETHFI is $442 million 💵, and the price can basically be calculated 🧮. The specific calculation will be made after the BNB mining pool revenue comes out 🔍
Benefits🎉🎁: If you want to receive the new coin airdrop of REZ for free, please follow me and I will notify you as soon as the event comes out.
Registration link: 点击这里，享受高额手续费减免
No translation-
https://accounts.suitechsui.club/zh-CN/register?ref=DBQAREOK
Project introduction: REZ官方介绍
#REZ #BNB #restaking
