According to the official announcement, Binance introduced the 53rd initiative on the Binance Launchpool platform - Renzo (EZ), an advanced liquid re-staking protocol. The webpage is expected to open 5 hours before the Launchpool starts.
Starting April 24, 2024, 00:00 (UTC), users will be able to stake their BNB and FDUSD in separate pools to farm EZ tokens for six days.
Following the staking period, Binance will list EZ on April 30, 2024 at 12:00 pm (UTC) with trading options enabled for EZ/BTC, EZ/USDT, EZ/BNB, EZ/FDUSD, and EZ/TRY pairs. EZ will be given Seed Tag status.
EZ Launchpool Details:
Token name: Renzo (EZ)
Total number of tokens: 10,000,000,000 EZ
Launchpool Token Reward: 250,000,000 EZ (2.5% of total token supply)
Initial supply of tokens: 1,050,000,000 EZ (10.50% of total token supply)
Smart Contract Details: Ethereum
Staking requirements: KYC compliance
Hourly limit per user:
- 147,569.44 EZ in the BNB pool
- 26,041.67 EZ in the FDUSD pool
Supported betting pools:
- BNB (webpage availability after approximately 5 hours), EZ reward: 212,500,000 (85%)
- FDUSD (web page availability after approximately 5 hours), EZ reward: 37,500,000 (15%)
The farming period runs from April 24, 2024., 00:00 (UTC) to April 29, 2024, 23:59 (UTC).
