Renzo protocol adjusts REZ token airdrop parameters 🚀🔥

Renzo’s REZ Token Airdrop: What You Need to Know

Renzo, a popular protocol in the Ethereum ecosystem for restaking, recently announced details about its upcoming governance token REZ airdrop and listing on major exchanges. The airdrop and official launch are now set for April 30, 2024, after some adjustments were made due to community feedback. Here’s everything you need to know:

– Renzo’s restaking protocol to launch REZ token and conduct airdrop on April 30
– Impressive growth in just 4 months with $3.5 billion TVL and 250,000 users
– REZ to be listed on major exchanges, alongside a Binance launchpool for farming

Renzo’s Airdrop Details

Key details about the REZ airdrop and token distribution include:

– Snapshot taken on April 26: users with 360 ezPoints eligible
– Claim opens on April 30 at suclaim.renzoprotocol.com
– 700 million REZ tokens (7% of total supply) for airdrop
– Additional 500 million tokens for restakers in a new season
– Circulating supply at launch: 1,150,000,000 (11.5% of total supply)

Token Allocation and Distribution

Renzo has allocated REZ tokens as follows:

– VC Investors: 31.56%
– Community: 32%
– Main Collaborators: 20%
– Foundation: 12.44%
– Binance Launchpool: 2.5%
– Liquidity: 1.5%

Renzo Adjusts Airdrop Details Based on Community Feedback

Following community feedback and complaints, Renzo made changes to the REZ token airdrop details to address concerns and ensure a fair distribution. Here’s what changed:

– Initial timeline favored Binance launchpool users over platform depositors
– Incorrect proportions in the REZ tokenomics pie chart
– Claim for airdrop moved to April 30, before Binance launchpool participants
– Allocation to the community increased from 10% to 12% overall

Hot Take: Stay Informed and Engage with Renzo’s Governance Token REZ

If you’re planning to participate in Renzo’s REZ token airdrop or are interested in the project’s governance token, stay updated on the latest announcements and details. Engage with the community and provide feedback to help shape the future of Renzo’s ecosystem.