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BINANCE’S 53rd LAUNCHPOOL PROJECT is announced : RENZO ($EZ)

Binance unveils the 53rd project on its Launchpool: RENZO $EZ.

Binance has announced that users will be able to stake their BNB and FDUSD into separate pools to farm EZ tokens over six days, with farming starting from 2024-04-24 00:00 (UTC).

Listing

Binance will then list EZ at 2024-04-30 12:00 (UTC) and open trading with EZ/BTC, EZ/USDT, EZ/BNB, EZ/FDUSD and EZ/TRY trading pairs.

You can have more information via the official Binance webpage :

https://www.binance.com/en/support/announcement/introducing-renzo-ez-on-binance-launchpool-farm-ez-by-staking-bnb-and-fdusd-b1e64410cc9c4ab29687392f5581a61b

Renzo General information :

RENZO (EZ), is a liquid restaking protocol.

  • Renzo is a protocol that abstracts all staking complexity from the end-user and enables easy collaboration with EigenLayer node operators and a Validated Services (AVSs).
  • ezETH is Renzo’s liquid restaking token that allows users to have exposure to restaking while maintaining liquidity.
  • $REZ is the native utility and governance token for the Renzo protocol, it 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.
  • As at April 23, 2024, 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.)
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Disclaimer: Not Investment Advice

it’s crucial to understand that the information provided here is not to be construed as investment advice. The crypto market is dynamic and highly speculative, and decisions should be made based on thorough personal research and consideration of individual risk tolerance. Always consult with financial professionals and conduct your own due diligence before making any investment decisions. The intention of this exploration is to present insights and trends, not to provide specific investment recommendations.

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