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Renzo Community Approves Season 3 Proposal to Distribute 5% of Total REZ Supply Over 4 Months

Renzo Community Approves Season 3 Proposal to Distribute 5% of Total REZ Supply Over 4 Months

Bitget2024/08/28 12:19

Liquidity repledging protocol Renzo has announced that it has received approval for its Season 3 Renzo Amore proposal to distribute 5% of the total supply of REZ to reward its loyal community members between July 26 and the end of November, with 400 million REZ tokens to be distributed retroactively to eligible wallets, and 100 million REZ to be allocated for liquidity incentives.Renzo said that the liquidity incentives will be distributed to DEXLP to be used to add liquidity to the ezETH/ETH and pzETH/wstETH pools over a 16-week period.

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