How to Participate in Binance Launchpool?
- Visit the Binance Launchpool homepage.
- Navigate to the active mining pool for Renzo (REZ).
- Stake your preferred assets (BNB or FDUSD) to start farming REZ tokens.
👉 Maximize your crypto earnings with Binance Launchpool
Project Overview
- Token Name: Renzo (REZ)
- Max Token Supply: 10,000,000,000 REZ
- Initial Circulating Supply: 1,050,000,000 REZ (10.50% of max supply)
- Total Mining Allocation: 250,000,000 REZ (2.5% of max supply)
- Smart Contract: Ethereum ERC-20
- Requirements: KYC verification
Mining Pool Limits (Hourly Caps)
- BNB Pool: 147,569.44 REZ
- FDUSD Pool: 26,041.67 REZ
Mining Pool Allocation
| Pool | Allocation (REZ) | Percentage |
|---|---|---|
| BNB | 212,500,000 | 85% |
| FDUSD | 37,500,000 | 15% |
Farming Period: April 24, 2024, 08:00 UTC to April 30, 2024, 07:59 UTC
What Is Renzo (REZ)?
Renzo is a liquid restaking protocol built on EigenLayer, simplifying complex staking mechanisms for end-users. Key features:
- ezETH: Renzo’s liquid restaking token, enabling holders to earn restaking rewards while maintaining liquidity.
- Governance: $REZ holders vote on critical protocol upgrades and partnerships.
👉 Discover the future of liquid restaking with Renzo
Tokenomics
Key Metrics
- Total Supply: 100 billion REZ
- Initial Circulating Supply: 10.5 billion REZ (10.5%)
Distribution Schedule
- Details on vesting periods and unlocks will be announced post-launch.
Community Channels
- Twitter: @RenzoProtocol
- Telegram: RenzoProtocolChat
- Discord: Join here
FAQs
1. How do I stake in Binance Launchpool?
- Navigate to the Launchpool section, select REZ, and stake BNB/FDUSD.
2. What is the APY for REZ farming?
- APY fluctuates based on pool participation. Check Binance for real-time rates.
3. When will REZ tokens be distributed?
- Tokens are distributed hourly during the farming period.
4. Is Renzo audited?
- Yes, Renzo’s smart contracts are audited. Links available in their docs.
5. Can I unstake anytime?
- Yes, unstaking is instant, but rewards stop accruing immediately.
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