A quick dive on #RENZO $REZ the latest project on Launchpool.

There's not much to talk about Renzo if you know already about #EtherFi $ETHFI

Basically Renzo is similar to EtherFi only made simpler when it comes to ETH staking processes.

Given the 10B total supply and the 250k launchpool allotment but the initial circulating supply on Binance to be 10.5% or 1.5B (plus another 1B airdrop total), I am looking at another possible disaster here similar to $OMNI and $SAGA

Given the status of BTC slowly climbing uphill (but with tendency to slide down anytime), which could affect the price of ETH, I'm not completely convinced ETH holders would want to stake their holdings with the danger of BTC crashing down. But if BTC holds its position and continues to rise up, many would stake their ETH while waiting for the peak.

If Renzo will be true to their promise of simplifying the ETH staking process compared to EtherFi, and if the potential staking rewards are higher, then $REZ could outperform $ETHFI.

Don't buy immediately upon listing if the listing price keeps sliding downwards. Wait until price stabilizes and Bitcoin does the same.

PS. Please just quote this post instead of copy pasting and rewriting my original post. Thanks. @futurbnk