Binance excited to announce the 53rd project on #BinanceLaunchPool🔥 - Renzo (EZ)!
Stake your BNB and FDUSD into separate pools to farm EZ Tokens over six days, with farming starting from 2024-04-24 00:00 (UTC) 🚀
🧐 What is Renzo?
Renzo is a Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer. It is the interface to the EigenLayer ecosystem securing Actively Validated Services (AVSs) and offering a higher yield than ETH staking.
The protocol abstracts all complexity from the end-user and enables easy collaboration between users and EigenLayer node operators.
📊 About Tokens Distribution
Renzo Protocol introduces EZ tokens, revolutionizing staking with its strategic distribution plan outlined in a Binance research report:
Binance Launchpool (2.50%): Reserved for partnership with Binance.
Airdrops (10.00%): Promoting wider participation.
Investors and Advisors (31.56%): Acknowledging support.
Team Allocation (20.00%): Incentivizing development.
Foundation (13.44%): Ensuring sustainability.
DAO Treasury (20.00%): Facilitating community governance.
Liquidity Allocation (2.50%): Maintaining ecosystem liquidity.
📝 EZ tokens empower holders with governance voting rights, shaping the protocol's future.
💰How To Join Binance Launchpool?
To join, log in to Binance, navigate to Launchpad/Launchpool, select Renzo, stake tokens, and monitor rewards.
For more information, visit Renzo's official channels, exercising caution with third-party links.
🔸 Supported pools:
Stake BNB: 212,500,000 EZ in rewards (85%).
Stake FDUSD: 37,500,000 EZ in rewards (15%).
Farming period: from 04/24/2024 at 00:00 (UTC) to 04/29/2024 at 23:59 (UTC).
🔸 Project Official Links :
Website : https://www.renzoprotocol.com/
WhitePaper : https://docs.renzoprotocol.com/docs
X (Twitter) : https://twitter.com/RenzoProtocol