Renzo Protocol Overview:

Renzo is a prominent protocol in the Ethereum ecosystem known for restaking.

It has achieved significant milestones, with a TVL of $3.5 billion and a user base of 250,000.

Renzo is a liquid restaking protocol that aims to enhance the economic security of external systems like Oracle networks and Rollups.

Recent Developments and Changes:

Renzo faced community criticism regarding the REZ token airdrop and tokenomics.

The team responded by modifying airdrop conditions, increasing the initial distribution volume from 5% to 7%.

Changes were made to the claim timeline, tokenomics, and airdrop eligibility.

Airdrop Details and Updates:

The REZ token airdrop is scheduled for April 30, 2024.

Users need to accumulate at least 360 ezPoints to be eligible for the airdrop.

The circulating supply at launch will be 1,150,000,000 REZ tokens.

Binance Involvement and Listing:

Renzo was listed as the 53rd project on Binance Launchpool.

Binance will be the first platform to list the REZ token, with trading set to begin on April 30, 2024.

Lessons Learned and Future Prospects:

Renzo's journey has seen challenges and adjustments based on community feedback.

The project aims to maintain relative fairness in its operations and token distribution.

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