Renzo’s native governance token, REZ, empowers community members to actively shape the protocol's future. Community members have the ability to vote on and submit Snapshot proposals, otherwise known as Renzo Improvement Proposals. This report provides comprehensive information about the REZ token. April 23rd, 2024: Binance REZ Research Report
Name: REZ
Total Supply: 10,000,000,000
Decimals: 18
Token Contract (Ethereum): 0x3B50805453023a91a8bf641e279401a0b23FA6F9
Token Contract (Solana): 3DK98MXPz8TRuim7rfQnebSLpA7VSoc79Bgiee1m4Zw5 ****
Community / DAO Treasury (32.00%) 3,200,000,000
Allocated to developing and supporting the growth of the Renzo ecosystem.
Liquidity Incentives
Season 1: (7%) December 18th to April 26th
Season 2: (5%) April 26th to August 26th
Season 3: (5%) August 26th to November 30th
Binance Launchpool (2.50%) 250,000,000
Allocated to Binance Launchpool.
Foundation (12.44%) 1,244,000,000
The Foundation allocation will be used to fund initiatives that widen the reach of ezETH, such as: further development, risk assessments and audits.
Liquidity (1.50%) 150,000,000
Liquidity campaigns, exchange (CEX & DEX) partnerships, ecosystem partners, and market makers.
Core Contributors & Advisors (20.00%) 2,000,000,000
This portion of the REZ allocation represents the distribution to the Renzo Labs team and advisors who have worked on the protocol to bring ezETH to market.
Fundraising / Investors (31.56%) 3,156,000,000
The Fundraise allocation represents token rights obtained by investors backing Renzo’s early development. Depending on the investor custody requirements, tokens may reside in multiple addresses including the address below, vesting contract or a qualified custodian. In the case of the qualified custodian, they are legally responsible to enforce vesting schedules.
Address: 0xdcb9f87a914F9f745d7190a5D44731173dFa76c3
Tokens that are waiting to be moved to a vesting contract or qualified custodian
Vesting Contract: 0x9706128269F3476A1bd1a511c75BEa75422A1edB