LIFE-Changing OPPORTUNITY WITH Renzo (EZ) - Is the 53rd project on Binance Launchpool real? Please join us to find out and analyze now
To start participating in this project you need a Binance account
LINK TO REGISTER BINANCE HOMEPAGE
On April 23, 2024, Binance officially launched Launchpool with the 53rd project, Renzo. The time for users to join Launchpool is from 7:00 a.m. on April 24, 2024 (Vietnam time). Binance will then list the EZ token in the Seed Tag section at 7:00 p.m. on April 30, 2024 (Vietnam time) with the following trading pairs: EZ/BTC, EZ/USDT, EZ/BNB, EZ/ FDUSD and EZ/TRY.
What is Renzo (EZ)?
Renzo is a Liquid Restaking protocol developed based on EigenLayer's restaking solution.
This protocol helps users access EigenLayer products easily, while also providing liquidity for LSTs when participating in staking.
Renzo is built to be an on-ramp / off-ramp solution for Ethereum staking, using a combination of smart contracts and operating nodes to secure the staking strategy.
Renzo (EZ) project information
Website: renzoprotocol.com
WPP: docs.renzoprotocol.com/docs
Telegram: @RenzoProtocolChat
X: @RenzoProtocol
Renzo's operating model
Renzo is a Liquid Derivatives platform built on EigenLayer. The project serves as an interface for the EigenLayer ecosystem by securing Actively Validated Services and providing higher returns than simple ETH staking.
For each LST or ETH deposited into Renzo, the protocol will mint an equivalent amount of ezETH.
Instructions to join Launchpool Renzo (EZ) on Binance
Users Stake their BNB and FDUSD into different Pools to earn EZ tokens within 6 days. Mining will start from 07:00 on April 24, 2024 Vietnam time. It's an opportunity not to be missed!
After that, Binance will list the EZ token at 12:00 April 30, 2024 Vietnam time and open trading with the trading pairs EZ/BTC, EZ/USDT, EZ/BNB, EZ/FDUSD and EZ /TRY.
👉Details about Renzo (EZ) Launchpool on Binance:
Name token: Renzo (EZ)
Total maximum supply: 10,000,000,000 EZ
Launchpool reward: 250,000,000 EZ (2.5% of maximum token supply)
Initial circulating supply: 1,050,000,000 EZ (10.50% of maximum token supply)
Smart contract: Ethereum
Staking conditions: Need KYC
Maximum hourly stake limit: 147,569.44 EZ to BNB pool and 26,041.67 EZ in FDUSD pool
Stake BNB: 212,500,000 EZ Reward (85%)
Stake FDUSD: Reward 37,500,000 EZ (15%)
Farming time: 20:00, April 24, 2024 (UTC) to 23:59, April 29, 2024 (UTC).
Instructions for farming EZ on Binance launchpool
Log in to your Binance account.
Visit the Launchpool page.
Choose pool BNB or FDUSD.
Enter the amount of BNB or FDUSD you want to stake.
Click “Stake”.
Instructions for staking through Renzo
Step 1: Click Retake as shown
Step 2: Connect wallet
Specifically connect your binance web3 wallet
You scan the QR code to connect, after connecting the interface is as follows
Step 3: Choose the type of token you want to retake. Currently Renzo is supporting ETH and 2 types of LST including: stETH, WBETH.
- Step 4: Enter the amount of tokens you want to staking.
- Step 5: Select “Confirm” -> Verify the transaction on the wallet to complete.
When participating in staking on Renzo, users will receive both EigenLayer Points and Renzo ezPoints. These two indicators can be used as criteria to receive airdrops for both EigenLayer and Renzo when these two projects release tokens in the future.
Partners and investors
Investors: looking at the table below, you can see "extremely powerful" and reputable Investors
Basic information about Renzo's token
Token metric
