Binance announced the launch of the 53rd new coin mining project Renzo Protocol ($REZ). Users can then invest BNB and FUSD into the REZ mining pool on the Launchpad official website after 8:00 (Eastern Time Zone) on April 24, 2024, and receive $REZ token mining rewards within 6 days. Combining the recent funding of Binance Launchpool, peer benchmarking, and mining cost calculation, we preliminarily estimate that the opening price range of $REZ will be 0.3-0.4 USD.