🔥 Renzo Protocol Spotlights
$3.3B Total Value Locked833M EigenLayer Points33.5% Restaking Market ShareTop 10 DeFi protocol by TVL7 Networks250k+ active community members

What is the next for $REZ?

🔹 Firstly, Farming Free $REZ on Binance Launchpool, Don’t miss it👇
https://launchpad.binance.com/en/launchpool/REZ_FDUSD?ref=KCLHB03N

🔹 Secondly, Take a deep dive into LRT & Renzo Ecosystem
A thread: 🧵🔽

#REZLAUNCHPOOL #BinanceLaunchpool #RENZOLAUNCHPOOL

1/ Renzo Protocol Overview
Renzo is built to promote the widespread adoption of Eigenlayer. 
It is the interface to the EigenLayer ecosystem securing Actively Validated Services (AVSs) and offering a higher yield than ETH staking.
The protocol abstracts all complexity from the end-user and enables easy collaboration between them and EigenLayer node operators.

2/ $REZ Tokenomics - Price Prediction

$REZ Token Allocation:
Binance Launchpool: 2.50%Airdrop: 10.00%Investors & Advisors: 31.56%Team: 20.00%Foundation: 13.44%DAO Treasury: 20.00%Liquidity: 2.50%

2.1/ $REZ Utility
REZ 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, such as:

General risk management frameworks
Deposit & collateral asset & concentration amounts
Operator whitelisting
Actively Validated Services (AVS) whitelisting
Treasury and community grants

2.2/ Price Prediction

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.)

🔹 Compared with the most recent EtherFi fundraising, Renzo's seed round valuation of around $25M in Jan 2024 is not too impressive.

🔹However, Renzo TVL reached $3.33B ( EtherFi at $3.82B)

Besides, Renzo supports 7 Networks including ETH - ARB - BNB- MODE - BLAST - Linea - BASE  with 250k+ active community members

🔹 $REZ is now OTC traded at 0.12$ on Whales Market with a market cap of $126M, but I think it could reach $0.2 - $0.25 at the listing due to the hype of restaking narrative on Binance. 

3/ Key DeFi Integrations

Renzo Protocol has integrated with notable DeFi Dapps including Morpho, Balancer, Curve, Pendle, Gearbox, and Compound.

Besides, Renzo’s ezETH integration with Chainlink allows for new DeFi integrations that require Chainlink price feeds, including Compound Finance.

After reviewing various Oraclere solutions, Renzo integrated Chainlink Price Feeds because they provide a multitude of critical features such as:
High-Quality DataSecure Node OperatorsDecentralized NetworkReputation System

4/ $REZ is Now Live on Binance Launchpool
Binance users and the community can now Earn $REZ by easily staking $FDUSD and $BNB from April 24th to 29th.

85% of $REZ rewards are distributed to the $BNB Pool 
15% of $REZ rewards are distributed to the $FDUSD pool

Seize the huge opportunity to earn FREE $REZ now
https://launchpad.binance.com/en/launchpool/REZ_FDUSD?ref=KCLHB03N

5/ How to Earn 2x - 3x ezPoints on DEX LP

For EigenLayer Restaking points, the pool can only accumulate 1 point per hour per ezETH in the pool. This will get redistributed pro-rata to the LPs.

For Renzo ezPoints, LPs receive 2x the value in the pool per hour. The pool will accumulate 2 points per ezETH or wETH per hour held in the pool. This will get redistributed pro-rata to the LPs. 
5.1/ 3x ezPoints Boost on selected DEX LP!

Users who supply liquidity between April 20th-27th, 9PM UTC on the following DEXs will receive 3x ezPoints:

• Aura
• Balancer ETH
• Balancer ARB
• Kim Mode
• Nile Linea
• Thruster BLAST
• Juice v3
• Pendle ETH (new pools)
• Pendle BNB (new pools)

Find more pools
https://docs.renzoprotocol.com/docs/integrations/defi

Another week, another Launchpool and another Restaking project is listed on Binance Launchpool!

With just under 2 minutes, read this post to understand Renzo Protocol and its huge potential in Restaking Narrative - the potentially hottest trend of the year!

#RenzoLaunchpool #RENZOLAUNCHPOOL #BinanceLaunchpool

I. Renzo Protocol Overview
How does it work? 
Renzo's restaking protocol is designed to offer users access to the EigenLayer ecosystem across various networks including Ethereum, Arbitrum, Linea, Mode, Base, BNB, and OKX L2 chains. This would enable users a chance to skin and have activity on new blockchain for potential airdrop. 

Functioning as a liquid staking protocol, Renzo enables users to receive ezETH - Renzo liquid staking tokens by staking ETH on its platform. The APR for staking ETH can be monitored through the growth of ezETH tokens. Initially, the exchange ratio is 1:1, but it appreciates over time based on the platform's promised APR. 

Unlike its counterparts, the value appreciation of ezETH tokens is supported not only by rewards from native staking on Ethereum but also from restaking on EigenLayer, potentially leading to higher returns for users. Additionally, the token can be utilized to earn extra APR by providing liquidity into DeFi LP and lending protocols, akin to other ETH staking protocols.

Achievements:
$3.3B in Total Value Locked833M EigenLayer Points33.5% Restaking Market ShareTop 10 DeFi protocol by TVL7 Supported Networks250k+ active community members

Fundraising
Renzo raised $3.2M in Seed round at the valuation of $25M, led by Maven 11 Capital and participated by OKX Ventures, IOSG, BitScale,....Most recently, Binance Labs invested in Renzo with an disclosed round and raised amount.
II. Launchpool & Token Information  

Token Name: Renzo (REZ)Launchpool Token Rewards: 250,000,000 REZ (2.5% of max token supply)Initial Circulating Supply: 1,050,000,000 REZ (10.50% of max token supply)Smart Contract Details: EthereumFarming Period: 2024-04-24 00:00 (UTC) to 2024-04-29 23:59 (UTC).Supported Pools: Stake $BNB: 212,500,000 REZ in rewards (85%) Stake $FDUSD: 37,500,000 REZ in rewards(15%)

$REZ Utility:

REZ 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, such as:
General risk management frameworksDeposits, collateral assets, and concentration amountsOperator whitelistingActively Validated Services (AVS) whitelistingTreasury and community grant
Don’t fade on Renzo, start farming your $REZ now 👇
Join REZ Launchpool Now

Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇 
Trade Now With a Permanent 10% Reduced Fee

III. Price Prediction & Our POV

Price Prediction

Make a comparison with recent Restaking Project - ETHFI and consider OTC price on Whales Market, we believe $REZ price could be around $0.38 at the listing ATH price and traded mostly around $0.28 - $0.38 with market cap around $280M - $380M
Our POV
Pros: 
Restaking Narrative - one of the hottest trend this year Ability to attract a huge amount of potential users and money with 7+ supported network, including chains that haven't released tokens.Strong backing from Tier-1 investorsLow annual token inflation rate in the first year of the token release (4.5%).

Cons: 
High annual token inflation rate in the second year after release (45%)Possibility of ezETH depeg
In our POV, the sell force at the listing date won't be so high due to the long cliff in token allocation of foundation, team and investors. Moreover, for the airdrop distribution, the largest wallets holding greater than 500k ezPoints will be subject to a 50% unlock at TGE and 50% linear vesting over 3 months. Our advice is patiently waiting until the majority of the airdrop tokens are claimed then we can start buying $REZ at the price range of $0.15 - $0.25 and waiting for the Restaking narrative to explode.

Don’t fade on Renzo, start farming your $REZ now 👇
Join REZ Launchpool Now

Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇 
Trade Now With a Permanent 10% Reduced Fee