Renzo team modifies airdrop terms following community criticism
đ The Renzo team has modified the terms of their
$REZ asset airdrop. They've increased đŞ the initial distribution from 5% to 7% after receiving criticism about the developers and the depegging ezETH.
Here are the detailed changes:
âş The token claim date is now set for April 30, 2024. Tokens can be claimed one hour prior to the asset's listing on the Binance exchange.
âş Community share of
$REZ tokens will increase to 32% from the previous 30%.
âş The overall airdrop volume will be 12%, distributed as 7% in the first stage and 5% in the second.
âş Token share for Binance Launchpool platform users will stay at 2.5% of the total supply.
đ§âđťThe developers have set the minimum participation threshold at 360 points, which is achievable by 99% of addresses.
Addresses holding over 500,000 points will receive đ only 50% of their tokens during the TGE. The remaining tokens will be gradually unlocked over the next three months. đ§
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