Investment is the realization of cognition
Before investing money, think clearly:
1. What is the difference between this product and others?
2. What could possibly push its price up?
3. What is supporting its demand?
4. Why do the buyers take over after me?
5. If you invest, what share should it occupy in the investment portfolio?
Binance IPO #REZ Information sorting
See if there is the answer you want
In short, Renzo is "re-staking"
Content outline:
1. Project introduction
2. Financing situation
3. Binance List
4. Key nodes
5. Development stage
6. Economic model
7. Valuation forecast
8. Related links
1. Project introduction
Liquidity re-staking protocol based on EigenLayer ecosystem
Renzo releases the liquidity of re-staking ETH by introducing the derivative token ezETH
Simplifies complex staking mechanism for users
Allow users to obtain higher returns
Use advanced real-time balance of returns and risks
So as to automatically make the best configuration choice for users
2. Financing situation
Binance Labs and OKX Ventures both participated in Renzo
In January 2024, Renzo completed a $3.2 million seed round, led by Maven11, with participation from OKX Ventures, IOSG Ventures, Figment Capital, SevenX Ventures, etc.
3. Information on Binance
BNB and FDUSD have been put into the REZ mining pool on the Launchpool website after 08:00 (Eastern Time Zone 8) on April 24, 2024 to obtain REZ rewards. REZ can be mined for a total of 6 days.
Binance will list Renzo (REZ) at 20:00 (Eastern Time Zone 8) on April 30, 2024, and open REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD and REZ/TRY trading markets.
4. Key nodes
Renzo announced the launch of the mainnet in October last year
TVL exceeded US$100 million in January this year
The current TVL exceeds US$3 billion, ranking second in the LRT track
In January this year, Renzo launched the Renzo ezPoints points plan. One way to get points is to mint ezETH as Renzo's liquid heavy pledge token.
5. Development stage:
Currently the first stage: improve liquidity, integrate DeFi protocols, and launch native re-staking on multiple L2s
The second stage: improve efficiency and reduce Gas costs on Eigenlayer
The third stage: enable the "Slashing" function of AVS (Active Verification Service) to build a portfolio
6. Token economic model
Token name: Renzo (REZ)
Maximum supply of tokens: 10,000,000,000 REZ
Binance Launchpool will allocate 2.50%;
Airdrop will allocate 12.00%;
Investors and advisors will allocate 31.56%;
Team will allocate 20.00%;
Foundation will allocate 12.44%;
DAO Treasury will allocate 20.00%;
Liquidity budget will allocate 1.50%
Token smart contract https://etherscan.io/token/0x3b50805453023a91a8bf641e279401a0b23fa6f9
7. Initial valuation
Benchmark ether.fi
Ether.fi's TVL is more than 10% higher
ETHFI and REZ The initial circulation ratio is similar to that of the previous one.
The estimated initial coin price is 0.3-0.5 USD.
8. Related links
LaunchPool: https://www.binance.com/zh-CN/support/announcement/%E5%B8%81%E5%AE%89%E6%96%B0%E5%B8%81%E6%8C%96%E7%9F%BF%E4%B8%8A%E7%BA%BF%E7%AC%AC53%E6%9C%9F%E9%A1%B9%E7%9B%AE-%E4%BD%BF%E7%94%A8bnb-fdusd%E6%8C%96%E7%9F%BFrenzo-rez-b1e64410cc9c4ab29687392f5581a61b
Official website: https://www.renzoprotocol.com/
Twitter: https://twitter.com/RenzoProtocol
Documentation: https://docs.renzoprotocol.com/docs
