Binance launches the next project on Binance again for the 53rd time - RENZO (REZ)

Farming time: lasts 6 days from 07:00 April 24, 2024 - 06:59 April 30, 2024 (Vietnam Time)

RENZO will be listed at 17:00 April 30, 2024 (Vietnam Time)

A little bit about the Renzo project

1. Renzo is a liquid staking protocol built on top of EigenLayer. Users perform staking on EigenLayer via the Renzo platform to receive ezETH and continue their DeFi journey

TVL Renzo has now surpassed the $3.2 billion mark, ranking 2nd after Ether.Fi in the TOP current liquid staking platforms.

The project raised a seed round of $3.2M from Maven Capital, OKX VC,... in January 24 and was followed by an undisclosed investment round from Binance Labs in February. Renzo also projects liquid staking The second time that Binance Labs invested money after Puffer Finance.

Total REZ supply is 10 billion tokens with initial supply accounting for 10.5% ~ 1.05 billion REZ, including 2.5% allocated to Launchpool

2. Token Distribution includes the following:

- Binance Launchpool: 2.50%
- Airdrop: 10.00%
- Investors & Advisors: 31.56%
- Team: 20.00%
- Foundation: 13.44%
- DAO Treasury: 20.00%
- Liquidity: 2.50%

Research informationRenzo

Congratulations to everyone participating in the retake on Renzo, the total number of points has now reached 1.9 billion.

Details of the RENZO launch team

Token name: Renzo (REZ)

Total circulation: 10,000,000,000 REZ

Launchpool Token Reward: 250,000,000 EZ (2.5% of supply)

Circulating supply: 1,050,000,000 REZ (10.50% of supply)

Details about Launchpool RENZOREFER HERE

#Binance  #Launchpool  #RENZO  #EZ