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Binance is thrilled to unveil the 53rd project on Binance Launchpool – Renzo (REZ), an innovative liquid restaking protocol. The webpage is anticipated to go live in approximately 5 hours, just before the Launchpool commencement.
During a six-day period starting from April 24, 2024, at 00:00 (UTC), users will have the opportunity to stake their BNB and FDUSD in separate pools to earn REZ tokens through farming.
Following the Launchpool, REZ will be listed on Binance on April 30, 2024, at 12:00 (UTC). Trading will commence 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).
REZ Farming Accumulation
| Dates (00:00:00 – 23:59:59 UTC each day) | Total Daily Rewards (REZ) | BNB Pool Daily Rewards (REZ) | FDUSD Pool Daily Rewards (REZ) |
| 2024-04-24 – 2024-04-29 | 41,666,666.67 | 35,416,666.67 | 6,250,000 |
Read about Renzo (REZ) in our research report here, which will be available within 1 hour of publishing this announcement.
Project Links
Participation in Launchpool is contingent upon meeting eligibility requirements based on the user’s country or region of residence. Please consult the instructions provided on the Launchpool page for guidance.
It’s important to note that the list of excluded countries mentioned below is not exhaustive and is subject to potential changes due to evolving local regulations, laws, or other factors. Users must complete their account verification and also be from a jurisdiction deemed eligible to participate in REZ farming.
At present, users residing in the following countries or regions will not be eligible to participate in REZ farming: Australia, Canada, Cuba, Crimea Region, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.
This list may undergo periodic updates to accommodate alterations in legal, regulatory, or other circumstances.
Note: Discrepancies may exist in translated versions of this original English article. Please refer to this original version for the most up-to-date and accurate information where discrepancies may occur.
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