RenzoProtocol introduced a revolutionary rewards system in January 2024, offering ezPoints to incentivize early contributors and leading the path towards decentralization. On April 30th, 2024, a remarkable 12% of the $REZ token supply will be available for Airdrop, so get your wallets ready!
To prepare for this momentous occasion, a snapshot was taken on April 26th, 2024, for Season 1, allowing eligible recipients to claim 7% of the total supply starting on April 30th. Season 2 will then kick off with an allocation of 5% of the total supply.
In an electrifying move, Binance has included Renzo as its 53rd Binance Launchpool project, enabling users to farm 250 million $REZ tokens by staking BNB and/or FDUSD until midnight on April 29th. The excitement will reach its peak as Binance plans to list Renzo on April 30th, 2024, at 12:00 UTC, a milestone event that traders and investors should not miss. 🚀
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About Renzo Protocol
Renzo is a Liquid Restaking Token (LRT) and Strategy Manager designed to drive the widespread use of EigenLayer, ensuring secure Actively Validated Services and maximizing yields. Renzo simplifies the process by allowing users to deposit ETH or wBETH to create the ezETH liquid restaking token, eliminating the need for 32 ETH or integrated Ethereum nodes with EigenPods.
Step-by-step guide
Sign up or Log in to your Binance.com account, and stake BNB and/or FDUSD to farm $REZ. Head to the Renzo Protocol Airdrop web3 app, and deposit ETH for restaking to mint ezETH and kickstart earning ETH staking yield, EigenLayer points and Renzo ezPoints for Season 2. Explore new rewards for key DeFi partners including @Pendle_fi, @Balancer, @AuraFinance, @CurveFinance, @ThrusterFi, @hyperlockfi, @Juice_Finance, @KimProtocol, and @NileExchange, each offering a 4X ezPoints boost. Remember to claim your Renzo Season 1 Airdrop on April 30, 2024, which will be live for one month. After this period, unclaimed $REZ will be allocated towards the Season 2 campaign.
Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Conduct thorough research before making any deposit/investment decisions (DYOR).
Project links
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