RENZO
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🚨 $REZ - RENZO 🚨
Only a few hours left to participate in the #REZ #BinanceLaunchpool !
You might be wondering, why should I invest and what price should I expect at listing for the token?
You're in the right place!
Let's start with the basics: what is #RENZO ?🔍
Renzo is a liquid restaking protocol based on the EigenLayer blockchain.
Essentially, it enables users to stake and other liquid staking tokens while remaining liquid. In fact, by staking assets on Renzo, you are rewarded with ezETH, while earning ezPoint rewards for future airdrops and restaking opportunities.
The project has all the potential to provide high returns in the next #bullrun . Keep in mind that restaking represents a newly emerging trend, and many big players are making substantial investments in restaking projects.
However, as a general rule, I would advise against buying or trading immediately after listing.
With every launchpool or new listing, there is typically significant selling pressure from large launchpool or airdrop farmers. Additionally, the macro outlook and $BTC performance are not favorable at the moment.
Let the price settle down and wait for a clear direction before considering any action.
According to the Renzo whitepaper:
Initial Circulating Supply: 1,150,000,000
Total Supply: 10,000,000,000
IMO, it is safe to assume a market cap of around 200-350 million at listing with a price of around $0.30.
The potential is huge if we compare it to other similar projects like $pendle ($1.5B market cap).
What is your prediction? 🔮
Let me know down in the comments👇
#Launchpool
Only a few hours left to participate in the #REZ #BinanceLaunchpool !
You might be wondering, why should I invest and what price should I expect at listing for the token?
You're in the right place!
Let's start with the basics: what is #RENZO ?🔍
Renzo is a liquid restaking protocol based on the EigenLayer blockchain.
Essentially, it enables users to stake and other liquid staking tokens while remaining liquid. In fact, by staking assets on Renzo, you are rewarded with ezETH, while earning ezPoint rewards for future airdrops and restaking opportunities.
The project has all the potential to provide high returns in the next #bullrun . Keep in mind that restaking represents a newly emerging trend, and many big players are making substantial investments in restaking projects.
However, as a general rule, I would advise against buying or trading immediately after listing.
With every launchpool or new listing, there is typically significant selling pressure from large launchpool or airdrop farmers. Additionally, the macro outlook and $BTC performance are not favorable at the moment.
Let the price settle down and wait for a clear direction before considering any action.
According to the Renzo whitepaper:
Initial Circulating Supply: 1,150,000,000
Total Supply: 10,000,000,000
IMO, it is safe to assume a market cap of around 200-350 million at listing with a price of around $0.30.
The potential is huge if we compare it to other similar projects like $pendle ($1.5B market cap).
What is your prediction? 🔮
Let me know down in the comments👇
#Launchpool
What If You Stake $72,000 FDUSD to Earn $REZ Rewards?
Let's crunch the numbers! 💰
With Binance's latest project, $REZ , you can earn rewards by staking FDUSD and BNB. The allocation breakdown is 85% for BNB and 15% for FDUSD. Here's what you need to know:
For staking $72,000 FDUSD:
🔹 Hourly hard cap per user in the FDUSD Pool: 26,041.67 REZ (15%)
Now, let's calculate the potential earnings:
26,041.67 REZ/hour * 24 hours/day = 625,000 REZ/day.
After staking for over 30 hours, you've already earned a significant amount of REZ! 🎉 But the big question remains: HODL or sell after launch? 🤔
Your plan to sell half of your REZ immediately and buy more on a healthy dip sounds like a smart strategy! 📈💡 Diversifying your portfolio and capitalizing on market fluctuations could lead to even greater gains in the long run! 🚀
What's your take on this approach? Share your thoughts below! Let's navigate this exciting journey together! 💬✨
❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE ⌨️ COMMENT
🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#RENZO
Let's crunch the numbers! 💰
With Binance's latest project, $REZ , you can earn rewards by staking FDUSD and BNB. The allocation breakdown is 85% for BNB and 15% for FDUSD. Here's what you need to know:
For staking $72,000 FDUSD:
🔹 Hourly hard cap per user in the FDUSD Pool: 26,041.67 REZ (15%)
Now, let's calculate the potential earnings:
26,041.67 REZ/hour * 24 hours/day = 625,000 REZ/day.
After staking for over 30 hours, you've already earned a significant amount of REZ! 🎉 But the big question remains: HODL or sell after launch? 🤔
Your plan to sell half of your REZ immediately and buy more on a healthy dip sounds like a smart strategy! 📈💡 Diversifying your portfolio and capitalizing on market fluctuations could lead to even greater gains in the long run! 🚀
What's your take on this approach? Share your thoughts below! Let's navigate this exciting journey together! 💬✨
❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE ⌨️ COMMENT
🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#RENZO
0.3 $ - 0.5 $ ( My Prediction )
What is Your #RENZO Price Prediction ?
#BinanceLaunchpool #REX #Megadrop
What is Your #RENZO Price Prediction ?
#BinanceLaunchpool #REX #Megadrop
🔍 Explore #CryptoWatchMay2024 for a Chance to Win 500 FDUSD! 🚀
📰 Must be Added feature Binance new addition at list one of the followings:
1. **Renzo (REN): Unveiling the Next Evolution in DeFi** 💡
2. **BounceBit (BBT): Revolutionizing NFT Marketplace Dynamics** 🎨
3. **Saga (SGA): Redefining Stablecoin Standards** 💰
4. **Tensor (TNS): Empowering Decentralized Machine Learning** 🧠
5. **Wormhole (WHL): Bridging the Gap Between Blockchains** 🌐
To Participate:
Share your insights on Binance Square using #CryptoWatchMay2024. Highlight each project with informative details, recent price movements, and future predictions.
Guidelines:
Craft original content filled with insights and real-world occurrences. Engaging posts with genuine content will stand out.
Winner Selection:
The four most engaging posts will each earn 125 FDUSD. Dive into #CryptoWatchMay2024 now and share your perspectives! 🚀#MicroStrategy #RENZO #BBT $BTC $ETH $$BNB
📰 Must be Added feature Binance new addition at list one of the followings:
1. **Renzo (REN): Unveiling the Next Evolution in DeFi** 💡
2. **BounceBit (BBT): Revolutionizing NFT Marketplace Dynamics** 🎨
3. **Saga (SGA): Redefining Stablecoin Standards** 💰
4. **Tensor (TNS): Empowering Decentralized Machine Learning** 🧠
5. **Wormhole (WHL): Bridging the Gap Between Blockchains** 🌐
To Participate:
Share your insights on Binance Square using #CryptoWatchMay2024. Highlight each project with informative details, recent price movements, and future predictions.
Guidelines:
Craft original content filled with insights and real-world occurrences. Engaging posts with genuine content will stand out.
Winner Selection:
The four most engaging posts will each earn 125 FDUSD. Dive into #CryptoWatchMay2024 now and share your perspectives! 🚀#MicroStrategy #RENZO #BBT $BTC $ETH $$BNB
LIVE
Binance Square Official
--
Share your #CryptoWatchMay2024 to win up to 500 FDUSD!
Join the #CryptoWatchMay2024 campaign and win up to 500 FDUSD! Make your list of top 5 tokens to watch on Binance in May 2024, providing insightful information about the projects, their price movements and future predictions. Make sure to feature at least one of the recent Binance additions: Renzo, BounceBit, Saga, Tensor, or Wormhole.
Campaign Period: 2024-05-03 00:00 to 2024-05-08 23:59 (UTC)
To Participate:
Use #CryptoWatchMay2024 while sharing your top 5 crypto list on Binance Square. Make sure to feature at least one of the recent Binance additions: Renzo, BounceBit, Saga, Tensor, or Wormhole.
Include:
1. Information about each project;
2. Recent price movements;
3. Future price predictions.
Guidelines:
Make certain your content is original, filled with insightful information, and based on real incidents. Posts with high engagement lacking original content may be disqualified.
Winner Selection:
Four posts generating the most interaction will each be rewarded with 125 FDUSD.
Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules.Winners of the week will be notified before next Friday via a push notification under Creator Center > Square Assistant. The FDUSD token vouchers will be distributed within 30 working days after the activity ends. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 21 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Campaign Period: 2024-05-03 00:00 to 2024-05-08 23:59 (UTC)
To Participate:
Use #CryptoWatchMay2024 while sharing your top 5 crypto list on Binance Square. Make sure to feature at least one of the recent Binance additions: Renzo, BounceBit, Saga, Tensor, or Wormhole.
Include:
1. Information about each project;
2. Recent price movements;
3. Future price predictions.
Guidelines:
Make certain your content is original, filled with insightful information, and based on real incidents. Posts with high engagement lacking original content may be disqualified.
Winner Selection:
Four posts generating the most interaction will each be rewarded with 125 FDUSD.
Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules.Winners of the week will be notified before next Friday via a push notification under Creator Center > Square Assistant. The FDUSD token vouchers will be distributed within 30 working days after the activity ends. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 21 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
🔥REZ - PRICE PREDICTION🔥
You are considering whether to invest in $REZ early and want to know the price of $REZ at listing?
Don't miss this post!
What is #RENZO ?
Renzo is a cross-chain liquid repurchase protocol based on the EigenLayer blockchain. It allows users to stake ETH and other liquid staking tokens (LST) on popular platforms such as Ethereum, Arbitrum, and BNB Chain. Users who stake their assets on Renzo are rewarded with ezETH, which earns ezPoint rewards for future airdrops and re-staking opportunities.
The current market situation is on a downward trend due to being affected by macroeconomic factors: the FED adjusting interest rates only 1 time (or not) this year, The war broke out everywhere around the world along with the risk of global financial recession,...
Along with the poor performance of the previous launchpool (OMNI) few days after listing, as evidenced by the significant decrease in the number of posts on Binance Square regarding #RENZOLAUNCHPOOL (596K views & 154 Posts) compared to previous projects.
#OMNILAUNCHPOOL : 2.5M views & 660 Posts
#SAGA LAUNCHPOOL: 4M views & 1,184 Posts
#ENALAUNCHPOOL: 4.5M views & 1,016 Posts
These figures indicate that the FOMO into this launchpool project is not as high as previous projects. Therefore, my advice is not to buy $REZ immediately upon listing.
In my opinion, after listing REZ's MC will be around $250M - $350M
with Initial Circ. Supply 1,150,000,000
$REZ price will be around $0.22 to $0.30
The price will adjust down a bit due to selling pressure from Launchpool Farmers and Airdrops so we should wait for the next price movement of BTC to decide whether to invest in $REZ
Remember that Restaking is a recent emerging trend, Binance Labs and other major funds in the market are currently heavily investing in restaking projects. So they has great potential in the future. REZ's Market Cap is completely comparable to some large projects in the same category at their MC ATH: Altlayer ($735M MC), ETHFI ( $900M) & Pendle ($1.76B) in this bullrun
#BinanceLaunchpool #Launchpool
You are considering whether to invest in $REZ early and want to know the price of $REZ at listing?
Don't miss this post!
What is #RENZO ?
Renzo is a cross-chain liquid repurchase protocol based on the EigenLayer blockchain. It allows users to stake ETH and other liquid staking tokens (LST) on popular platforms such as Ethereum, Arbitrum, and BNB Chain. Users who stake their assets on Renzo are rewarded with ezETH, which earns ezPoint rewards for future airdrops and re-staking opportunities.
The current market situation is on a downward trend due to being affected by macroeconomic factors: the FED adjusting interest rates only 1 time (or not) this year, The war broke out everywhere around the world along with the risk of global financial recession,...
Along with the poor performance of the previous launchpool (OMNI) few days after listing, as evidenced by the significant decrease in the number of posts on Binance Square regarding #RENZOLAUNCHPOOL (596K views & 154 Posts) compared to previous projects.
#OMNILAUNCHPOOL : 2.5M views & 660 Posts
#SAGA LAUNCHPOOL: 4M views & 1,184 Posts
#ENALAUNCHPOOL: 4.5M views & 1,016 Posts
These figures indicate that the FOMO into this launchpool project is not as high as previous projects. Therefore, my advice is not to buy $REZ immediately upon listing.
In my opinion, after listing REZ's MC will be around $250M - $350M
with Initial Circ. Supply 1,150,000,000
$REZ price will be around $0.22 to $0.30
The price will adjust down a bit due to selling pressure from Launchpool Farmers and Airdrops so we should wait for the next price movement of BTC to decide whether to invest in $REZ
Remember that Restaking is a recent emerging trend, Binance Labs and other major funds in the market are currently heavily investing in restaking projects. So they has great potential in the future. REZ's Market Cap is completely comparable to some large projects in the same category at their MC ATH: Altlayer ($735M MC), ETHFI ( $900M) & Pendle ($1.76B) in this bullrun
#BinanceLaunchpool #Launchpool
See original
Alert! Possible security breach on Renzo's X platform
What happened?
According to Odaily, Renzo's X platform could have been the victim of a security breach. The platform posted unusual news and then closed the comments section, raising suspicions. Although the related tweet is no longer available, the incident has sparked great concern among users.
What is known so far?
At the moment, there are not many details about the possible breach. It is unknown what data may have been compromised and how the breach occurred. Renzo's X platform has not yet issued any official statement in this regard.
To do?
If you are a user of Renzo's X platform, we recommend that you change your password and be attentive to any official communication that may arise. It is also important that you review your bank statements and any other personal information you have shared on the platform.
Share this information!
It is important that all users of Renzo's X platform are aware of this situation. Share this post with your friends and family so they can take the necessary steps to protect their safety.
#RENZO #StartInvestingInCrypto #VulneracionDeSeguridad #ciberseguridad #Alerta
What happened?
According to Odaily, Renzo's X platform could have been the victim of a security breach. The platform posted unusual news and then closed the comments section, raising suspicions. Although the related tweet is no longer available, the incident has sparked great concern among users.
What is known so far?
At the moment, there are not many details about the possible breach. It is unknown what data may have been compromised and how the breach occurred. Renzo's X platform has not yet issued any official statement in this regard.
To do?
If you are a user of Renzo's X platform, we recommend that you change your password and be attentive to any official communication that may arise. It is also important that you review your bank statements and any other personal information you have shared on the platform.
Share this information!
It is important that all users of Renzo's X platform are aware of this situation. Share this post with your friends and family so they can take the necessary steps to protect their safety.
#RENZO #StartInvestingInCrypto #VulneracionDeSeguridad #ciberseguridad #Alerta
HOW to Get #RENZO TOKENS By #BinanceLaunchpool pool 🔥
⛔Until April 30, you can earn #RENZO tokens on Binance simply by staking your BNB or the FDUSD stablecoin. You can withdraw the coins you’ve staked at any time and keep the REZ token rewards...
⛔You can earn REZ on Binance Launchpool between April 24 (00:00 UTC) and April 29 (23:59 UTC). The amount of token rewards you earn will depend on how many coins you stake..
#Megadrop #REZ #RENZO
⛔Until April 30, you can earn #RENZO tokens on Binance simply by staking your BNB or the FDUSD stablecoin. You can withdraw the coins you’ve staked at any time and keep the REZ token rewards...
⛔You can earn REZ on Binance Launchpool between April 24 (00:00 UTC) and April 29 (23:59 UTC). The amount of token rewards you earn will depend on how many coins you stake..
#Megadrop #REZ #RENZO
🚨 @Renzo Protocol has upped its initial airdrop token allocation from 5% to 7%.
The first distribution phase is scheduled for April 30, part of a total 12% from the 10 billion token supply.
This move follows recent challenges with $ezETH depegging.
#RENZO #RenzoProtocol #TrendingTopic
The first distribution phase is scheduled for April 30, part of a total 12% from the 10 billion token supply.
This move follows recent challenges with $ezETH depegging.
#RENZO #RenzoProtocol #TrendingTopic
#RENZO
I buy #RenzoCoin at 0.2400 at the moment when the coin launched.
Now l am in loss.
What should l do now?
Should l hold or sell in losses?
I buy #RenzoCoin at 0.2400 at the moment when the coin launched.
Now l am in loss.
What should l do now?
Should l hold or sell in losses?
Binance Labs Backs Renzo for EigenLayer Ecosystem. 💰🤑
Binance Labs, the venture capital arm of Binance, has recently invested in Renzo, a Liquid Restaking Token (LRT) and Strategy Manager designed for EigenLayer. This strategic move aims to boost the widespread adoption of EigenLayer and set a new standard for risk management in restaking.
Renzo Protocol, EigenLayer’s Restaking Hub, operates through Ethereum smart contracts, fostering trustless collaboration among stakers, node operators, and Actively Validated Services (AVSs). Users can effortlessly restake assets, delegate to node operators, and interact with on-chain service modules, streamlining processes within the EigenLayer ecosystem.
Yi He, Co-Founder of Binance and Head of Binance Labs, praises Renzo's tech for simplifying Liquid Restaking complexities. He's excited about DeFi projects like Renzo, collaborating with node operators, introducing ezETH for liquid restaking, and working on cross-chain bridging with partners on EigenLayer.
Renzo is a leading force in restaking risk and portfolio management, partnering with institutional-grade node operators and collaborating with DeFi researchers. Emphasizing LRT product innovation, they prioritize risk management and security. Lucas Kozinski, Renzo's Founding Contributor, expresses gratitude to the Binance community for their support and underscores the team's commitment to thought leadership and DeFi best practices in restaking on EigenLayer.
🔸About Renzo and Binance Labs:
Renzo's mission is to make restaking on EigenLayer accessible to everyone. Meanwhile, Binance Labs, with a portfolio exceeding $10 billion, underlines its commitment to supporting innovative projects globally.
In the dynamic landscape of decentralized finance, the collaboration between Renzo and Binance Labs marks a significant stride towards a more accessible and secure Liquid Restaking experience on EigenLayer.
#RENZO #RenzoProtocol #EigenLayer #BinanceLabs #restaking
Binance Labs, the venture capital arm of Binance, has recently invested in Renzo, a Liquid Restaking Token (LRT) and Strategy Manager designed for EigenLayer. This strategic move aims to boost the widespread adoption of EigenLayer and set a new standard for risk management in restaking.
Renzo Protocol, EigenLayer’s Restaking Hub, operates through Ethereum smart contracts, fostering trustless collaboration among stakers, node operators, and Actively Validated Services (AVSs). Users can effortlessly restake assets, delegate to node operators, and interact with on-chain service modules, streamlining processes within the EigenLayer ecosystem.
Yi He, Co-Founder of Binance and Head of Binance Labs, praises Renzo's tech for simplifying Liquid Restaking complexities. He's excited about DeFi projects like Renzo, collaborating with node operators, introducing ezETH for liquid restaking, and working on cross-chain bridging with partners on EigenLayer.
Renzo is a leading force in restaking risk and portfolio management, partnering with institutional-grade node operators and collaborating with DeFi researchers. Emphasizing LRT product innovation, they prioritize risk management and security. Lucas Kozinski, Renzo's Founding Contributor, expresses gratitude to the Binance community for their support and underscores the team's commitment to thought leadership and DeFi best practices in restaking on EigenLayer.
🔸About Renzo and Binance Labs:
Renzo's mission is to make restaking on EigenLayer accessible to everyone. Meanwhile, Binance Labs, with a portfolio exceeding $10 billion, underlines its commitment to supporting innovative projects globally.
In the dynamic landscape of decentralized finance, the collaboration between Renzo and Binance Labs marks a significant stride towards a more accessible and secure Liquid Restaking experience on EigenLayer.
#RENZO #RenzoProtocol #EigenLayer #BinanceLabs #restaking
See original
$HBAR AND REBELOTTE 💵💵💵
Seriously, guys, can't you share 1% of your winnings? 🔥
I don't even have time to finish my article on #RENZO that I already have to leave you for today 😂
I'm counting on you to share the upcoming article as much as possible!
#RENZOLAUNCHPOOL #HBAR #BTC #BullorBear
Seriously, guys, can't you share 1% of your winnings? 🔥
I don't even have time to finish my article on #RENZO that I already have to leave you for today 😂
I'm counting on you to share the upcoming article as much as possible!
#RENZOLAUNCHPOOL #HBAR #BTC #BullorBear
LIVE
Crypto_Jobs
--
Bullish
$HBAR 📈
Give me this and i'm done for today 🔥💵
#BinanceLaunchpool #RENZOLAUNCHPOOL #BTC #dyor #BullorBear
Give me this and i'm done for today 🔥💵
#BinanceLaunchpool #RENZOLAUNCHPOOL #BTC #dyor #BullorBear
Time is running fast, the golden moments move forward towards come to an end.
Renzo farming is heating up, and create craze in whole crypto industry.
Renzo is a protocol that abstracts all staking complexity from the end user and enables easy collaboration with EigenLayer node operators and a validated services.
The countdown is on , the Binance launchpool history told the stories of success.
Gonna dive into shining opportunity, only 2 days left, stake #BNB or FDUSD for a chance to part of 1000x gem.
Don't wait more, before it's too late.
#BinanceLaunchpool #Megadrop #RENZO
Renzo farming is heating up, and create craze in whole crypto industry.
Renzo is a protocol that abstracts all staking complexity from the end user and enables easy collaboration with EigenLayer node operators and a validated services.
The countdown is on , the Binance launchpool history told the stories of success.
Gonna dive into shining opportunity, only 2 days left, stake #BNB or FDUSD for a chance to part of 1000x gem.
Don't wait more, before it's too late.
#BinanceLaunchpool #Megadrop #RENZO
### Renzo (REZ) Coin Overview
Renzo (REZ) is currently trading at around $0.167, with a high of $0.1854 and a low of $0.1403 in the last 24 hours. The coin has been quite volatile, hitting an all-time high of $0.2638 in late April 2024 and a recent low of $0.0998 in mid-May 2024.
Market sentiment for Renzo remains cautiously optimistic. Technical analysis suggests a potential breakout from a bullish pennant pattern, which could lead to a significant price increase if confirmed.
For the long term, analysts predict substantial growth for Renzo. By 2035, REZ could average around $4.15, with possible peaks up to $10.52. This positive outlook is supported by the coin’s integration into the EigenLayer ecosystem, enhancing its role in securing actively validated services with higher yields than traditional ETH staking.
In summary, while Renzo faces short-term volatility, its long-term prospects look promising, provided continued development and adoption within its target ecosystems.
#RENZO #Binance #Bitcoin
Renzo (REZ) is currently trading at around $0.167, with a high of $0.1854 and a low of $0.1403 in the last 24 hours. The coin has been quite volatile, hitting an all-time high of $0.2638 in late April 2024 and a recent low of $0.0998 in mid-May 2024.
Market sentiment for Renzo remains cautiously optimistic. Technical analysis suggests a potential breakout from a bullish pennant pattern, which could lead to a significant price increase if confirmed.
For the long term, analysts predict substantial growth for Renzo. By 2035, REZ could average around $4.15, with possible peaks up to $10.52. This positive outlook is supported by the coin’s integration into the EigenLayer ecosystem, enhancing its role in securing actively validated services with higher yields than traditional ETH staking.
In summary, while Renzo faces short-term volatility, its long-term prospects look promising, provided continued development and adoption within its target ecosystems.
#RENZO #Binance #Bitcoin
$REZ
Reasons Behind the Recent Surge in Renzo (REZ) Crypto Prices
Inside the EigenLayer ecosystem, Renzo acts as both a manager of strategies and a liquid restaking token (LRT). It is essential for improving the EigenLayer platform's accessibility and usefulness, especially with regard to the security of Actively Validated Services (AVSs). For investors seeking to optimize their earnings, the protocol's excellent yield—which exceeds that of standard ETH staking—is a compelling option.
Critical Elements of the Renzo Protocol
Renzo functions as an LRT, allowing consumers to optimize their return and liquidity without unstaking their assets. User participation in staking and flexible access to cash are both greatly enhanced by this functionality.
Manager of Strategies: Renzo's role as manager of strategies is to ensure that users and operators of EigenLayer nodes communicate well with one another. To maximize revenues from the actively validated services and optimize staking tactics, this job is crucial.
The goal of the Renzo protocol was to simplify and make accessible the intricate processes of staking and blockchain transactions. By lowering the hurdle to entry for new users, this simplification opens the platform to a wider audience.
Improved Teamwork: Renzo encourages users and node operators to work together smoothly.
Authorities, REZ Token and Governance
An integral part of the Renzo Protocol, the REZ coin is also its governance token. Protocol decisions, such as updates and strategic modifications, might be impacted by REZ holders. The protocol's continued adaptability to user demands and preferences is guaranteed by this governance approach.
Supported by ezETH: The Liquid Restaking Token ezETH provides further support and value to REZ. The REZ token is now more solidly anchored in the Ethereum ecosystem thanks to the backing of ezETH.
The lowest price paid for Renzo (REZ) is $0.1385, which was recorded on May 01, 2024 (2 days). Comparatively, the current price is 22.38% higher than the all-time low price.
#CryptoWatchMay2024 #RENZO
$REZ #Binance
Reasons Behind the Recent Surge in Renzo (REZ) Crypto Prices
Inside the EigenLayer ecosystem, Renzo acts as both a manager of strategies and a liquid restaking token (LRT). It is essential for improving the EigenLayer platform's accessibility and usefulness, especially with regard to the security of Actively Validated Services (AVSs). For investors seeking to optimize their earnings, the protocol's excellent yield—which exceeds that of standard ETH staking—is a compelling option.
Critical Elements of the Renzo Protocol
Renzo functions as an LRT, allowing consumers to optimize their return and liquidity without unstaking their assets. User participation in staking and flexible access to cash are both greatly enhanced by this functionality.
Manager of Strategies: Renzo's role as manager of strategies is to ensure that users and operators of EigenLayer nodes communicate well with one another. To maximize revenues from the actively validated services and optimize staking tactics, this job is crucial.
The goal of the Renzo protocol was to simplify and make accessible the intricate processes of staking and blockchain transactions. By lowering the hurdle to entry for new users, this simplification opens the platform to a wider audience.
Improved Teamwork: Renzo encourages users and node operators to work together smoothly.
Authorities, REZ Token and Governance
An integral part of the Renzo Protocol, the REZ coin is also its governance token. Protocol decisions, such as updates and strategic modifications, might be impacted by REZ holders. The protocol's continued adaptability to user demands and preferences is guaranteed by this governance approach.
Supported by ezETH: The Liquid Restaking Token ezETH provides further support and value to REZ. The REZ token is now more solidly anchored in the Ethereum ecosystem thanks to the backing of ezETH.
The lowest price paid for Renzo (REZ) is $0.1385, which was recorded on May 01, 2024 (2 days). Comparatively, the current price is 22.38% higher than the all-time low price.
#CryptoWatchMay2024 #RENZO
$REZ #Binance
#write2earn #BINANCE ’S 53RD #LAUNCHPOOL PROJECT IS ANNOUNCED : #RENZO ( $EZ ) #EZ
Binance unveils the 53rd project on its Launchpool: RENZO $EZ.
Binance has announced that users will be able to stake their BNB and FDUSD into separate pools to farm EZ tokens over six days, with farming starting from 2024-04-24 00:00 (UTC).
Listing
Binance will then list EZ at 2024-04-30 12:00 (UTC) and open trading with EZ/BTC, EZ/USDT, EZ/BNB, EZ/FDUSD and EZ/TRY trading pairs.
You can have more information via the official Binance webpage :
https://www.binance.com/en/support/announcement/introducing-renzo-ez-on-binance-launchpool-farm-ez-by-staking-bnb-and-fdusd-b1e64410cc9c4ab29687392f5581a61b
Renzo General information :
RENZO (EZ), is a liquid restaking protocol.
Renzo is a protocol that abstracts all staking complexity from the end-user and enables easy collaboration with EigenLayer node operators and a Validated Services (AVSs).
ezETH is Renzo’s liquid restaking token that allows users to have exposure to restaking while maintaining liquidity.
$REZ is the native utility and governance token for the Renzo protocol, it will be used to vote on governance proposals on matters regarding the Renzo protocol, some of which will be key measures to the operations of the protocol.
As at April 23, 2024, the total supply of $REZ is 10,000,000,000 and the circulating supply upon listing will be 1,050,000,000 (~10.50% of the total token supply.)
Binance unveils the 53rd project on its Launchpool: RENZO $EZ.
Binance has announced that users will be able to stake their BNB and FDUSD into separate pools to farm EZ tokens over six days, with farming starting from 2024-04-24 00:00 (UTC).
Listing
Binance will then list EZ at 2024-04-30 12:00 (UTC) and open trading with EZ/BTC, EZ/USDT, EZ/BNB, EZ/FDUSD and EZ/TRY trading pairs.
You can have more information via the official Binance webpage :
https://www.binance.com/en/support/announcement/introducing-renzo-ez-on-binance-launchpool-farm-ez-by-staking-bnb-and-fdusd-b1e64410cc9c4ab29687392f5581a61b
Renzo General information :
RENZO (EZ), is a liquid restaking protocol.
Renzo is a protocol that abstracts all staking complexity from the end-user and enables easy collaboration with EigenLayer node operators and a Validated Services (AVSs).
ezETH is Renzo’s liquid restaking token that allows users to have exposure to restaking while maintaining liquidity.
$REZ is the native utility and governance token for the Renzo protocol, it will be used to vote on governance proposals on matters regarding the Renzo protocol, some of which will be key measures to the operations of the protocol.
As at April 23, 2024, the total supply of $REZ is 10,000,000,000 and the circulating supply upon listing will be 1,050,000,000 (~10.50% of the total token supply.)
A quick dive on #RENZO $REZ the latest project on Launchpool.
There's not much to talk about Renzo if you know already about #EtherFi $ETHFI
Basically Renzo is similar to EtherFi only made simpler when it comes to ETH staking processes.
Given the 10B total supply and the 250k launchpool allotment but the initial circulating supply on Binance to be 10.5% or 1.5B (plus another 1B airdrop total), I am looking at another possible disaster here similar to $OMNI and $SAGA
Given the status of BTC slowly climbing uphill (but with tendency to slide down anytime), which could affect the price of ETH, I'm not completely convinced ETH holders would want to stake their holdings with the danger of BTC crashing down. But if BTC holds its position and continues to rise up, many would stake their ETH while waiting for the peak.
If Renzo will be true to their promise of simplifying the ETH staking process compared to EtherFi, and if the potential staking rewards are higher, then $REZ could outperform $ETHFI .
Don't buy immediately upon listing if the listing price keeps sliding downwards. Wait until price stabilizes and Bitcoin does the same.
PS. Please just quote this post instead of copy pasting and rewriting my original post. Thanks. @futurbnk
There's not much to talk about Renzo if you know already about #EtherFi $ETHFI
Basically Renzo is similar to EtherFi only made simpler when it comes to ETH staking processes.
Given the 10B total supply and the 250k launchpool allotment but the initial circulating supply on Binance to be 10.5% or 1.5B (plus another 1B airdrop total), I am looking at another possible disaster here similar to $OMNI and $SAGA
Given the status of BTC slowly climbing uphill (but with tendency to slide down anytime), which could affect the price of ETH, I'm not completely convinced ETH holders would want to stake their holdings with the danger of BTC crashing down. But if BTC holds its position and continues to rise up, many would stake their ETH while waiting for the peak.
If Renzo will be true to their promise of simplifying the ETH staking process compared to EtherFi, and if the potential staking rewards are higher, then $REZ could outperform $ETHFI .
Don't buy immediately upon listing if the listing price keeps sliding downwards. Wait until price stabilizes and Bitcoin does the same.
PS. Please just quote this post instead of copy pasting and rewriting my original post. Thanks. @futurbnk
Renzo Protocol, a blockchain protocol that simplifies staking and collaboration with EigenLayer node operators and Validated Services, is now open for farming in the latest Binance Launchpool.
#BinanceLaunchpool #RENZOLAUNCHPOOL #RenzoProtocol #RENZO #EigenLayer
#BinanceLaunchpool #RENZOLAUNCHPOOL #RenzoProtocol #RENZO #EigenLayer
LIVE
Binance Announcement
--
Introducing Renzo (REZ) on Binance Launchpool! Farm REZ by Staking BNB and FDUSD
IMPORTANT: Binance will be the first platform to list the token mentioned herein, with trading starting at 2024-04-30 12:00 (UTC). Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds.
Fellow Binancians,
Binance is excited to announce the 53rd project on Binance Launchpool - Renzo (REZ), a liquid restaking protocol. The webpage is estimated to be available in 5 hours, before the Launchpool starts.
Users will be able to stake their BNB and FDUSD into separate pools to farm REZ tokens over six days, with farming starting from 2024-04-24 00:00 (UTC).
Listing
Binance will then list REZ at 2024-04-30 12:00 (UTC) and open trading with REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD and REZ/TRY trading pairs. The Seed Tag will be applied to REZ.
REZ Launchpool Details:
Token Name: Renzo (REZ)Max Token Supply: 10,000,000,000 REZ Launchpool Token Rewards: 250,000,000 REZ (2.5% of max token supply)Initial Circulating Supply: 1,150,000,000 REZ (11.50% of max token supply)Smart Contract Details: EthereumStaking Terms: KYC required Hourly Hard Cap per User: 147,569.44 REZ in BNB pool26,041.67 REZ in FDUSD pool
Supported Pools:
Stake BNB (webpage will be available in around 5 hours): 212,500,000 REZ in rewards (85%) Stake FDUSD (webpage will be available in around 5 hours): 37,500,000 REZ in rewards (15%)Farming Period: 2024-04-24 00:00 (UTC) to 2024-04-29 23:59 (UTC).
REZ Farming Accumulation
Dates (00:00:00 - 23:59:59 UTC each day)Total Daily Rewards (REZ)BNB Pool Daily Rewards (REZ)FDUSD Pool Daily Rewards (REZ)2024-04-24 - 2024-04-2941,666,666.6735,416,666.676,250,000
Read about Renzo (REZ) in our research report here, which will be available within 1 hour of publishing this announcement.
Project Links
Renzo WebsiteWhitepaperX
Please note:
Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances and calculate user rewards. User rewards will be updated each hour. Users will be able to accumulate their rewards (calculated each hour) and claim these rewards directly to their spot accounts at any time.Each pool’s annual percentage yield (APY) and total pool balance will be updated in real time.Tokens can only be staked in one pool at a time. For example, User A cannot stake the same BNB into two different pools at the same time, but can allocate 50% of their BNB into pool A and 50% into pool B.Users will be able to unstake their funds at any time with no delay and participate in any other available pools immediately.Tokens staked in each pool and any unclaimed rewards will be automatically transferred to each user’s spot accounts at the end of each farming period.Binance BNB Vault and Locked Products will support the Launchpool. Users who have staked their BNB in BNB Vault and Locked Products will automatically participate in the Launchpool, and receive new token rewards.If there are more than one Launchpool projects running concurrently, users' BNB assets in BNB Vault and Locked Products will be split and allocated into each project equally unless otherwise specified.BNB Vault assets collateralizing against Binance Loans (Flexible Rate) are not entitled to Launchpool rewards.BNB staked into Launchpool will still provide users with the standard benefits for holding BNB, such as airdrops, Launchpad eligibility and VIP benefits.
Participation in Launchpool is subject to eligibility based on the user's country or region of residence. Please refer to the instructions on the Launchpool page.
Please note that the list of excluded countries provided below is not exhaustive and may be subject to changes due to evolving local rules, regulations, or other considerations. Users need to complete their account verification and also be from an eligible jurisdiction to participate in farming REZ.
Currently, users residing in the following countries or regions will not be able to participate in farming REZ: Australia, Canada, Cuba, Crimea Region, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine
This list may be updated periodically to accommodate changes in legal, regulatory, or other factors.
Note: There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-04-23
Note: This announcement was last updated on 2024-04-30 to update Renzo (REZ)'s initial circulating supply from 1,050,000,000 REZ to 1,150,000,000 REZ, and on 2024-04-23 to update the ticker of Renzo from EZ to REZ and amend the corresponding smart contract address.
Fellow Binancians,
Binance is excited to announce the 53rd project on Binance Launchpool - Renzo (REZ), a liquid restaking protocol. The webpage is estimated to be available in 5 hours, before the Launchpool starts.
Users will be able to stake their BNB and FDUSD into separate pools to farm REZ tokens over six days, with farming starting from 2024-04-24 00:00 (UTC).
Listing
Binance will then list REZ at 2024-04-30 12:00 (UTC) and open trading with REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD and REZ/TRY trading pairs. The Seed Tag will be applied to REZ.
REZ Launchpool Details:
Token Name: Renzo (REZ)Max Token Supply: 10,000,000,000 REZ Launchpool Token Rewards: 250,000,000 REZ (2.5% of max token supply)Initial Circulating Supply: 1,150,000,000 REZ (11.50% of max token supply)Smart Contract Details: EthereumStaking Terms: KYC required Hourly Hard Cap per User: 147,569.44 REZ in BNB pool26,041.67 REZ in FDUSD pool
Supported Pools:
Stake BNB (webpage will be available in around 5 hours): 212,500,000 REZ in rewards (85%) Stake FDUSD (webpage will be available in around 5 hours): 37,500,000 REZ in rewards (15%)Farming Period: 2024-04-24 00:00 (UTC) to 2024-04-29 23:59 (UTC).
REZ Farming Accumulation
Dates (00:00:00 - 23:59:59 UTC each day)Total Daily Rewards (REZ)BNB Pool Daily Rewards (REZ)FDUSD Pool Daily Rewards (REZ)2024-04-24 - 2024-04-2941,666,666.6735,416,666.676,250,000
Read about Renzo (REZ) in our research report here, which will be available within 1 hour of publishing this announcement.
Project Links
Renzo WebsiteWhitepaperX
Please note:
Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances and calculate user rewards. User rewards will be updated each hour. Users will be able to accumulate their rewards (calculated each hour) and claim these rewards directly to their spot accounts at any time.Each pool’s annual percentage yield (APY) and total pool balance will be updated in real time.Tokens can only be staked in one pool at a time. For example, User A cannot stake the same BNB into two different pools at the same time, but can allocate 50% of their BNB into pool A and 50% into pool B.Users will be able to unstake their funds at any time with no delay and participate in any other available pools immediately.Tokens staked in each pool and any unclaimed rewards will be automatically transferred to each user’s spot accounts at the end of each farming period.Binance BNB Vault and Locked Products will support the Launchpool. Users who have staked their BNB in BNB Vault and Locked Products will automatically participate in the Launchpool, and receive new token rewards.If there are more than one Launchpool projects running concurrently, users' BNB assets in BNB Vault and Locked Products will be split and allocated into each project equally unless otherwise specified.BNB Vault assets collateralizing against Binance Loans (Flexible Rate) are not entitled to Launchpool rewards.BNB staked into Launchpool will still provide users with the standard benefits for holding BNB, such as airdrops, Launchpad eligibility and VIP benefits.
Participation in Launchpool is subject to eligibility based on the user's country or region of residence. Please refer to the instructions on the Launchpool page.
Please note that the list of excluded countries provided below is not exhaustive and may be subject to changes due to evolving local rules, regulations, or other considerations. Users need to complete their account verification and also be from an eligible jurisdiction to participate in farming REZ.
Currently, users residing in the following countries or regions will not be able to participate in farming REZ: Australia, Canada, Cuba, Crimea Region, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine
This list may be updated periodically to accommodate changes in legal, regulatory, or other factors.
Note: There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-04-23
Note: This announcement was last updated on 2024-04-30 to update Renzo (REZ)'s initial circulating supply from 1,050,000,000 REZ to 1,150,000,000 REZ, and on 2024-04-23 to update the ticker of Renzo from EZ to REZ and amend the corresponding smart contract address.
Renzo teamed up with Connext for cross-chain restaking on Arbitrum, aiming to expand user participation and enhance network liquidity. Users can now restake ETH on Arbitrum and on other Layer 2 networks at a reduced cost, leveraging rollup technology for broader access.
#RENZO #RenzoProtocol #TrendingTopic #arbitrum #Connext
#RENZO #RenzoProtocol #TrendingTopic #arbitrum #Connext