Binance Launchpool has introduced Renzo, a new project that allows users to earn Renzo Protocol (REZ) tokens by staking BNB or FDUSD. The staking period will run from April 24 to April 30, and users can withdraw their staked coins at any time while keeping the REZ token rewards.
Here are some key details about the Binance Launchpool Renzo event:
Staking period: April 24 to April 30
Rewards: Earn REZ tokens by staking BNB or FDUSD
Token distribution: Binance will receive 2.5% of the REZ total token supply starting around April 24
Withdrawal: Users can withdraw their staked coins at any time and keep the REZ token rewards