Renzo team modifies #Airdropโฌ terms following community criticism
๐ The #Renzo team has modified the terms of their $REZ asset airdrop. They've increased ๐ช the initial distribution from 5% to 7% after receiving criticism about the developers and the depegging ezETH.
Here are the detailed changes:
โบ The token claim date is now set for April 30, 2024. Tokens can be claimed one hour prior to the asset's listing on the #BinanceExchange .
โบ Community share of $REZ tokens will increase to 32% from the previous 30%.
โบ The overall airdrop volume will be 12%, distributed as 7% in the first stage and 5% in the second.
โบ Token share for #BinanceLaunchpool platform users will stay at 2.5% of the total supply.
๐งโ๐ปThe developers have set the minimum participation threshold at 360 points, which is achievable by 99% of addresses.
Addresses holding over 500,000 points will receive ๐ only 50% of their tokens during the TGE. The remaining tokens will be gradually unlocked over the next three months. ๐ง#BTC
RE$๐ฅ Hot News Alert! ๐ Renzo Price Prediction: Based on the market cap of similar launchpool projects, Renzo is expected to hit a market cap of approximately $400M - $500M, translating to a predicted REZ list price of around 0.3x - 0.5x $. With an initial total circulating supply of 1,050,000,000 REZ, this presents an exciting opportunity for investors! ๐ฅ Introducing Renzo - Binance Launchpool 53! ๐ฅ Renzo, a Liquid Restaking protocol built on EigenLayer's staking solution, offers seamless access to EigenLayer products while providing liquidity for LSTs during staking. ๐ AIRDROP Renzo Instructions: 1๏ธโฃ Click here to access. 2๏ธโฃ Select โConnect Walletโ. 3๏ธโฃ Choose the token type for restaking. 4๏ธโฃ Enter the desired amount for staking. 5๏ธโฃ Confirm your selection. ๐ REZ Launchpool Details: ๐ Farming Period: April 24, 2024, 07:00 - April 30, 2024, 6:59 (Vietnam Time) ๐ Listing Time: April 30, 2024, 19:00 (Vietnam Time) ๐ฃ Stake: $BNB & $FDUSD ๐ Token Name: REZ Maximum Total Supply: 10,000,000,000 REZ Launchpool Reward: 250,000,000 REZ (2.5% of maximum total supply) Total Initial Circulating Supply: 1,050,000,000 REZ (10.5% of token supply) Pool Allocation: $BNB : 212,500,000 REZ (85%) FDUSD: 37,500,000 REZ (15%) #MarketSentimentToday #BinanceLaunchpool #Token2049 #Megadrop #BinanceLaunchpool