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Renzo Protocol Price:
$0.00442 -6.97%
🏦 Market Cap $40.19M
💰 FDV $43.39M
📊 Volume $10.5M
📈 ATH Price $0.28
Website
Top Investor
YZi Labs (Prev. Binance Labs) logo
YZi Labs (Prev. Binance Labs) Incubation
Maven 11 Capital IOSG Logo +2
Unlock Progress
Progress
56.76% 211 Days left
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Renzo Protocol logo

Renzo Protocol (REZ)

Past
Total Raise: $3.2M
Date: 15 Jan, 24 - 26 Jul, 24

Renzo protocol is a liquid staking platform and strategy manager built on EigenLayer. It allows users to stake their ETH in exchange for APR from native staking and restaking on EigenLayer, as well as the liquid staking of token from Renzo (ezETH), which can be utilized in various DeFi applications. The platform's governance layer is powered by the native $REZ token, the primary role of which is granting users access to DAO votings within the platform.

Since its inception in mid-2023, the company has garnered the attention of leading funds and investors such as Binance Labs, OKX Ventures, and others, securing over $3.2 million from them.

❗️ ❗️ ❗ IMPORTANT:

Please note that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch isn't a financial advisor and doesn't intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 89+ distinct variables/metrics, refined over time through the team's rich 7-year experience.

Renzo Protocol Airdrop & Retrodrop & Bounty

Airdrop Phase 2
Past
27 Apr, 24 - 26 Jul, 24
Rewards
N/A
Reward Distribution
30 Jul, 24
Difficulty
Medium
Winners
N/A

Renzo protocol is an EigenLayer strategy manager and native staking platform with its own Renzo liquid staking token - ezETH. It enables users to earn combined rewards from native staking and restaking while retaining liquid funds in the form of ezETH tokens. It is powered by the native Renzo coin ($REZ), primarily used for participating in the platform’s governance votings.

On April 24th, 2024, the Renzo crypto project announced the public release and airdrop of $REZ, allocating 7% of the total supply for the first phase. Then, on April 27th, it disclosed details about the second phase of $REZ airdrop, where the project allocated an additional 5% of the token supply for the airdrop. 

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