RENZO Protocol on Binance Launchpool! 🤑 Farm REZ by Staking BNB and FDUSD 💸🤑

Binance Announcement

Apr 23・118.8k views

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IMPORTANT: Binance will be the first platform to list the token mentioned herein, with trading starting at 2024-04-30 12:00 (UTC). Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds.

Fellow Binancians,

Binance is excited to announce the 53rd project on Binance Launchpool - Renzo (REZ), a liquid restaking protocol. The webpage is estimated to be available in 5 hours, before the Launchpool starts. 

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

Listing

Binance will then list REZ at 2024-04-30 12:00 (UTC) and open trading with REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD and REZ/TRY trading pairs. The Seed Tag will be applied to REZ.

REZ Launchpool Details:

Token Name: Renzo (REZ)

Max Token Supply: 10,000,000,000 REZ 

Launchpool Token Rewards: 250,000,000 REZ (2.5% of max token supply)

Initial Circulating Supply: 1,050,000,000 REZ (10.50% of max token supply)

Smart Contract Details: Ethereum

Staking Terms: KYC required 

Hourly Hard Cap per User: 

147,569.44 REZ in BNB pool

26,041.67 REZ in FDUSD pool

Supported Pools: 

Stake BNB (webpage will be available in around 5 hours): 212,500,000 REZ in rewards (85%) 

Stake FDUSD (webpage will be available in around 5 hours): 37,500,000 REZ in rewards (15%)

Farming Period: 2024-04-24 00:00 (UTC) to 2024-04-29 23:59 (UTC).

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