Renzo (REZ) on Binance Launchpool! Earn REZ tokens by staking BNB and FDUSD

Renzo (REZ) on Binance Launchpool! Earn REZ tokens by staking BNB and FDUSD

Start: 24.04.2024

End: 30.04.2024

Activity

Staking

Assets

FDUSD, BNB

Platform

binance 👉 Review Review Review Review Review Review Review Review Review
Table of Contents

About the Project

Renzo is a Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer. It is the interface to the EigenLayer ecosystem securing Actively Validated Services (AVSs) and offering a higher yield than ETH staking. The protocol abstracts all complexity from the end-user and enables easy collaboration between users and EigenLayer node operators.

Read about Renzo (REZ) in the research report Binance.

  • Token Name: Renzo (REZ).
  • Maximum Token Supply: 10,000,000,000 REZ.
  • Rewards on Launchpool: 250,000,000 REZ (2.5% of the maximum token supply).
  • Initial Circulating Supply: 1,050,000,000 REZ (10.5% of the maximum supply).
  • Smart Contract Information: Ethereum.
  • Staking Requirements: KYC required.

Project Website | Whitepaper | Discord | Twitter | Telegram | CoinMarketCap | Detailed Conditions

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How to Participate

Here is a step-by-step guide to participating in Binance Launchpool projects.

Terms

Use BNB and FDUSD for staking in separate pools and earn REZ tokens over six days starting from April 24, 2024, 03:00 (MSK).

Supported Pools

BNB Staking: 212,500,000 REZ as rewards (85%).

FDUSD Staking: 37,500,000 REZ as rewards (15%).

Please note:

  • User and pool balance snapshots will be taken several times at any given hour to determine the average hourly balances of users and to calculate user rewards. User rewards will be updated every hour.
  • Users will be able to accumulate their rewards (calculated hourly) and request them at any time directly to their spot accounts.
  • The annual percentage yield (APY) of each pool and the total pool balance will be updated in real-time.
  • Tokens can only be staked in one pool at a time. For example, User A cannot stake the same BNB in two different pools at the same time, but can allocate 50% of their BNB to Pool A and 50% to Pool B.
  • Users will be able to withdraw their funds from staking at any time without delay and immediately participate in any other available pools.
  • Tokens staked in each pool and any unclaimed rewards will automatically be transferred to each user's spot account at the end of each farming period.
  • Binance BNB Vault and Locked Products will support Launchpool. Users who have placed their BNB in BNB Vault and Locked Products will automatically participate in Launchpool and receive new token rewards.
  • If more than one Launchpool project is running concurrently, users' BNB assets in BNB Vault and Locked Products will be split and distributed equally among each project unless stated otherwise.
  • BNB Vault assets securing Binance Loans (flexible rate) are not eligible for Launchpool rewards.
  • BNB staked in Launchpool will still provide users with standard BNB ownership benefits, such as airdrops, the right to participate in Launchpad, and VIP benefits.

Our Participation

We are participating in the next launchpool on the Binance exchange. Previous stakings yielded 1-2% of the deposit amount in a short period.

Our deposit in staking 16 BNB
👉 Earn $REZ tokens with us!

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Our Results

Farming REZ on the Binance exchange is over!

We had 16 BNB in the pool. In 6 days, they credited us with 185 REZ coins. Sold them on the listing on April 30, 2024 at 3:00 PM (MSK) for $0.245, making $45. Just a tiny profit.

Our Contacts

Admin Telegram:
News Channel in Telegram:
Representative Telegram:
Chat in Telegram:
We are on VKontakte: