A new round of Binance IEO project Renzo (REZ) is online again, allowing the BNB gold shovel in your hand to shine again. Renzo is a re-staking protocol based on EigenLayer, which cleverly simplifies the complex process of end-user re-staking, so that stakers no longer need to worry about the active selection and management of operators and reward strategies.
In terms of the project team, Renzo Protocol has two outstanding founding contributors. Kratik Lodha, who holds a Master of Economics from the Birla Institute of Technology and Science in Pilani, was previously the head of investment and research at Woodstock. His profound knowledge of economics has injected a steady wisdom into the project. Lucas Kozinski, who graduated from the University of Maryland School of Business and has worked in well-known institutions such as Tokensoft, Tezos, and Point B, has a wealth of experience that has brought a broad vision and foresight to the project. The combination of the two founders has undoubtedly injected strong momentum into the future development of Renzo Protocol.
Financing: January 15th Seed round: Maven11*, SevenX Ventures, IOSG Ventures, OKX Ventures, Robot Ventures, Bitscale Capital, Figment Capital and other institutions raised 3.2 million. Market valuation: 25 million US dollars February 22nd: Binance Labs The amount of financing is unknown
Token Economy
Project name: Renzo
Token name: EZ
Total Tokens: 10000000000 (10 billion)
Initial circulation: 1050,000,000 (1.05 billion)
Binance Launchpool 250,000,000 (2.50% of total token supply)
From the token distribution, the airdrop accounts for 10% of the total. I don’t know if it was all released in the early stage. If it is the early stage, the selling pressure is serious! Binance mining only accounts for 2.5%. For reference, compare the market value of ETHFI! The launch price of EZ is 0.2-0.4--------200-400 million market value is about the same. If the market is good, 500-600 million will be the peak.
