Renzo ProtocolRenzo Riduzione: Renzo Completes the Inaugural Buyback and Burn Event, Aiming to Reduce Total Supply…
Renzo Protocol just completed the first buyback and burn event, we are calling Renzo Riduzione, buying back over 127,117,412 REZ from the open market using protocol revenue and then subsequently burning 90% or 114,405,671 REZ and rewarding ezREZ stakers the remaining 10%. This inaugural event permanently reduced 1.14% from REZ total supply, and much more to go.BackgroundRenzo Protocol just wrapped up one of its biggest community milestones yet. Governance proposals RP-6(A) and RP-6(B) officia...
Renzo ProtocolOpolis Partners with Renzo to Launch Onchain “Restaking Bond” for Member Health-Insurance Pool
July 2025 – Employment-benefits platform Opolis today announced a strategic partnership with liquid restaking provider Renzo to secure its forthcoming health-insurance reserve with a fixed-term, onchain bond issued through Renzo’s Flow vault framework. The new Opolis Bond Vault will accept Agora’s USD-denominated stablecoin, AUSD, during a limited subscription window and lock the collateral for six months, satisfying the solvency and collateralization requirements that apply to licensed insur...
Renzo ProtocolIntroducing ezPoints
With the introduction of Renzo ezPoints users now have access to three tiers of rewards:ETH staking yield, ETH deposited with Renzo is staked with Figment on Ethereum mainnetEigenLayer Restaking Points, No fees and never subject to EigenLayer caps https://docs.eigenlayer.xyz/restaking-guides/restaking-user-guide/restaked-pointsRenzo ezPoints, earned on ETH deposits and referralsRenzo Restaking Points OverviewRenzo ezPoints are meant to reward users who contribute to the protocol's succes...
Renzo ProtocolRenzo Riduzione: Renzo Completes the Inaugural Buyback and Burn Event, Aiming to Reduce Total Supply…
Renzo Protocol just completed the first buyback and burn event, we are calling Renzo Riduzione, buying back over 127,117,412 REZ from the open market using protocol revenue and then subsequently burning 90% or 114,405,671 REZ and rewarding ezREZ stakers the remaining 10%. This inaugural event permanently reduced 1.14% from REZ total supply, and much more to go.BackgroundRenzo Protocol just wrapped up one of its biggest community milestones yet. Governance proposals RP-6(A) and RP-6(B) officia...
Renzo ProtocolOpolis Partners with Renzo to Launch Onchain “Restaking Bond” for Member Health-Insurance Pool
July 2025 – Employment-benefits platform Opolis today announced a strategic partnership with liquid restaking provider Renzo to secure its forthcoming health-insurance reserve with a fixed-term, onchain bond issued through Renzo’s Flow vault framework. The new Opolis Bond Vault will accept Agora’s USD-denominated stablecoin, AUSD, during a limited subscription window and lock the collateral for six months, satisfying the solvency and collateralization requirements that apply to licensed insur...
Renzo ProtocolIntroducing ezPoints
With the introduction of Renzo ezPoints users now have access to three tiers of rewards:ETH staking yield, ETH deposited with Renzo is staked with Figment on Ethereum mainnetEigenLayer Restaking Points, No fees and never subject to EigenLayer caps https://docs.eigenlayer.xyz/restaking-guides/restaking-user-guide/restaked-pointsRenzo ezPoints, earned on ETH deposits and referralsRenzo Restaking Points OverviewRenzo ezPoints are meant to reward users who contribute to the protocol's succes...
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Season 1 ended April 26, 2024, with $3.5B in deposits, 250k+ users, and 33.5% restaking market share.
REZ token launches April 30, 2024; 700M REZ (7% of supply) distributed based on ezPoints.
Eligibility: Minimum 360 ezPoints; 99% of wallets fully unlocked; large wallets (500k+ points) have 3-month vesting.
REZ Tokenomics: 10B total supply
Community: 32% (7% airdrop, 5% for Season 2)
Fundraising: 31.56% (2-year vesting)
Core Contributors: 20% (1-year cliff + 2-year vesting)
Others: Foundation (12.44%), Binance Pool (2.5%), Liquidity (1.5%)
Utility: REZ used for protocol governance (risk, collateral, whitelisting, grants)
Season 2 begins April 26; all users eligible, with 10% boost for Season 1 wallets.
ezETH live on 7 networks; key DeFi integrations include Balancer, Curve, Pendle, and more.
Claim REZ only via renzoprotocol.com; beware of scams.
April 26th marks the end of Renzo's Season 1 ezPoints campaign, where we've seen immense growth in active users and TVL. Renzo makes restaking ez for everyone!
Some of the highlights of Season 1:
$3.5b in deposits
33.5% Restaking Market Share
Top 10 DeFi protocol by TVL
250k+ users
Since our launch in January, Renzo has become the most liquid and widely distributed liquid restaking protocol. Unlocking native restaking on 7 networks (Ethereum, Arbitrum, Blast, Linea, Mode, Base and BNB Smart Chain), ezETH on L2s accounts for 24% of total Renzo’s TVL. In addition, Renzo is the first restaking protocol to introduce both native ETH and LST deposits, with stETH and wbETH comprising $110m+ of the TVL within 2 weeks of launch.
Some Key DeFi Integrations include:
We are excited to announce that April 30th, 2024 will mark the beginning of the decentralization of the Renzo Protocol, with the launch of Renzo’s native token, REZ.
This post outlines:
Renzo Seasons
Claiming REZ
REZ Distribution Conditions
REZ Tokenomics and Vesting Schedule
REZ Utility
Season 2 Details
FAQs
Season 1 will conclude on April 26th. A user's eligibility is based on the ezPoints balance in their wallet at time of snapshot, regardless of their current ezETH balance.
REZ can be claimed from April 30th, 2024, with the largest wallets holding greater than 500k ezPoints being subject to a 50% unlock at TGE and 50% linear, vesting over 3 months.
The minimum qualification for airdrop eligibility is 360 ezPoints per wallet. Over 99% of the eligible wallets are fully unlocked at TGE.
A second season of incentives will begin on April 26th, 2024.
Renzo ezPoints will be used to distribute 700M REZ on April 30th, or 7% of the total supply of REZ, in a linear fashion according to each user's accumulated ezPoints.
Users can go to claim.renzoprotocol.com to claim their REZ on April 30th. Vested airdrop wallets can claim their tokens at the end of every month.
NOTE: The official Renzo claim link can be accessed via renzoprotocol.com > “Claim REZ” in the navigation bar! Do NOT click on any links from third parties.
The Season 1 airdrop will be a linear distribution in accordance with a user's ezPoints balance.
Renzo has worked with a third-party data analytics company to identify sybil wallets and has determined that a minimum number of ezPoints per wallet, as of the snapshot date, is required to qualify for a token distribution.
The largest wallets holding greater than 500k ezPoints will be subject to a 50% unlock at TGE and 50% linear vesting over 3 months.
Lastly, a small portion of the initial 7% airdrop, 0.1% of the total supply, has been allocated to the following communities:
The claims will be live for one month from eligibility, after which the unclaimed $REZ will go towards the Season 2 campaign.
Renzo is focused on the long-term growth of the protocol and its community; thus, a vesting schedule will be applied to the largest airdrop recipients to align long-term incentives with the Renzo community.
The vesting is intended to reward longer-term participation. If a qualified user chooses to exit the ezETH ecosystem early, their unvested rewards may be shared with other loyal users to increase the loyal users' share of the airdrop who continue to participate.
Ticker: $REZ
Contract: 0x3B50805453023a91a8bf641e279401a0b23FA6F9
Total Supply: 10,000,000,000
Initial Circulating Supply: 1,150,000,000
Fundraising: 31.56%
The Fundraise allocation represents token rights obtained by investors backing Renzo’s early development
Investor tokens are subject to a total 2 year lock - 1 year cliff followed by 10% unlock and 1 year linear monthly vesting thereafter
Community: 32%
Allocated to developing and supporting the growth of the Renzo ecosystem
The first 7% represents the portion of REZ distributed to Renzo users for Season 1 of the ezPoints Campaign
The remainder of the allocation will be used for various community campaigns, including 5% allocated towards the upcoming second season of the incentives campaign, as well as various cross-chain initiatives, etc.
Core Contributors: 20%
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.
All core contributors are locked on a 1-year cliff with 2-year linear monthly vesting thereafter. No core contributor tokens are unlocked before the 1 year cliff.
Foundation: 12.44%
The Foundation allocation will be used to fund initiatives that widen the reach of ezETH, such as: further development, risk assessments and audits
Binance Launch Pool: 2.5%
Liquidity: 1.5%
Liquidity campaigns, exchange (CEX & DEX) partnerships, ecosystem partners, and market makers
REZ will be used to vote on governance proposals on matters regarding the Renzo protocol, some of which will be key measures to the operations of the protocol, such as:
General risk management frameworks
Deposits, collateral assets, and concentration amounts
Operator whitelisting
Actively Validated Services (AVS) whitelisting
Treasury and community grants
Season 2 starts Friday, April 26th, 2024. All users in the ezETH ecosystem are eligible for points allocation in the new season.
Boost - Season 1 eligible wallets will receive a 10% additional boost for Season 2 participation. Further details on Season 2 will be announced shortly.
How do I claim my REZ?
Users can visit claim.renzoprotocol.com to claim their REZ beginning on April 30th, 2024.
NOTE this is the ONLY official Renzo claim link. If in doubt, please visit renzoprotocol.com and proceed to the “Claim” tab directly. In the interest of caution, do not click on any links from third parties claiming to be associated with Renzo.****
Q: Why do smaller wallets receive no vesting conditions?
A: For users with a smaller wallet balance we wanted to acknowledge the higher gas fees required to participate in Renzo and minimize friction for users.
Q: Do I continue earning rewards after the 26th of April if I participated in Season 1?
A: Yes, a user's eligibility is based on the ezPoints balance in their wallet at time of snapshot. Season 1 users will continue to automatically earn ezPoints as long as they maintain their ezETH balance in their wallets or in any of Renzo’s DeFi integrations.
Q: Can I participate in Season 2 if I’m not eligible for Season 1 distributions?
A: Yes, users who did not participate in Season 1 will be able to accumulate points and participate in Season 2.
Q: Is all my REZ subject to vesting?
A: Only the largest wallets holding greater than 500k ezPoints will be subject to a 50% unlock at TGE and 50% linear vesting over 3 months.
Q: If I accumulated points via DeFi integrations, will my ezETH still be accounted for?
A: Yes, as long as you’re participating in the ezETH ecosystem (i.e. deposits in any of the Renzo DeFi integrations), you are allowed to move your ezETH between DeFi protocols.
Q: If I sell my ezETH before snapshot on April 26th, will I still be eligible for Season 1 airdrop?
A: Yes, if a user sells their ezETH before the snapshot and satisfies the minimum ezPoints criteria described above, they will remain eligible for the Season 1 airdrop.
Q: If I held Pendle YT positions that expire at 00:00 UTC on April 25th, will I still be eligible for the airdrop?
A: Yes, all Pendle YTs are eligible for airdrop as long as they satisfy the minimum ezPoints criteria.
Q: With regards to holding eligible NFTs for airdrop allocation, is the eligibility per NFT held or per wallet?
A: The airdrop allocated to NFTs will be distributed evenly amongst all NFT holders based on their share of the NFTs.
Note: Updated April 24th, 19:30 EST
Season 1 ended April 26, 2024, with $3.5B in deposits, 250k+ users, and 33.5% restaking market share.
REZ token launches April 30, 2024; 700M REZ (7% of supply) distributed based on ezPoints.
Eligibility: Minimum 360 ezPoints; 99% of wallets fully unlocked; large wallets (500k+ points) have 3-month vesting.
REZ Tokenomics: 10B total supply
Community: 32% (7% airdrop, 5% for Season 2)
Fundraising: 31.56% (2-year vesting)
Core Contributors: 20% (1-year cliff + 2-year vesting)
Others: Foundation (12.44%), Binance Pool (2.5%), Liquidity (1.5%)
Utility: REZ used for protocol governance (risk, collateral, whitelisting, grants)
Season 2 begins April 26; all users eligible, with 10% boost for Season 1 wallets.
ezETH live on 7 networks; key DeFi integrations include Balancer, Curve, Pendle, and more.
Claim REZ only via renzoprotocol.com; beware of scams.
April 26th marks the end of Renzo's Season 1 ezPoints campaign, where we've seen immense growth in active users and TVL. Renzo makes restaking ez for everyone!
Some of the highlights of Season 1:
$3.5b in deposits
33.5% Restaking Market Share
Top 10 DeFi protocol by TVL
250k+ users
Since our launch in January, Renzo has become the most liquid and widely distributed liquid restaking protocol. Unlocking native restaking on 7 networks (Ethereum, Arbitrum, Blast, Linea, Mode, Base and BNB Smart Chain), ezETH on L2s accounts for 24% of total Renzo’s TVL. In addition, Renzo is the first restaking protocol to introduce both native ETH and LST deposits, with stETH and wbETH comprising $110m+ of the TVL within 2 weeks of launch.
Some Key DeFi Integrations include:
We are excited to announce that April 30th, 2024 will mark the beginning of the decentralization of the Renzo Protocol, with the launch of Renzo’s native token, REZ.
This post outlines:
Renzo Seasons
Claiming REZ
REZ Distribution Conditions
REZ Tokenomics and Vesting Schedule
REZ Utility
Season 2 Details
FAQs
Season 1 will conclude on April 26th. A user's eligibility is based on the ezPoints balance in their wallet at time of snapshot, regardless of their current ezETH balance.
REZ can be claimed from April 30th, 2024, with the largest wallets holding greater than 500k ezPoints being subject to a 50% unlock at TGE and 50% linear, vesting over 3 months.
The minimum qualification for airdrop eligibility is 360 ezPoints per wallet. Over 99% of the eligible wallets are fully unlocked at TGE.
A second season of incentives will begin on April 26th, 2024.
Renzo ezPoints will be used to distribute 700M REZ on April 30th, or 7% of the total supply of REZ, in a linear fashion according to each user's accumulated ezPoints.
Users can go to claim.renzoprotocol.com to claim their REZ on April 30th. Vested airdrop wallets can claim their tokens at the end of every month.
NOTE: The official Renzo claim link can be accessed via renzoprotocol.com > “Claim REZ” in the navigation bar! Do NOT click on any links from third parties.
The Season 1 airdrop will be a linear distribution in accordance with a user's ezPoints balance.
Renzo has worked with a third-party data analytics company to identify sybil wallets and has determined that a minimum number of ezPoints per wallet, as of the snapshot date, is required to qualify for a token distribution.
The largest wallets holding greater than 500k ezPoints will be subject to a 50% unlock at TGE and 50% linear vesting over 3 months.
Lastly, a small portion of the initial 7% airdrop, 0.1% of the total supply, has been allocated to the following communities:
The claims will be live for one month from eligibility, after which the unclaimed $REZ will go towards the Season 2 campaign.
Renzo is focused on the long-term growth of the protocol and its community; thus, a vesting schedule will be applied to the largest airdrop recipients to align long-term incentives with the Renzo community.
The vesting is intended to reward longer-term participation. If a qualified user chooses to exit the ezETH ecosystem early, their unvested rewards may be shared with other loyal users to increase the loyal users' share of the airdrop who continue to participate.
Ticker: $REZ
Contract: 0x3B50805453023a91a8bf641e279401a0b23FA6F9
Total Supply: 10,000,000,000
Initial Circulating Supply: 1,150,000,000
Fundraising: 31.56%
The Fundraise allocation represents token rights obtained by investors backing Renzo’s early development
Investor tokens are subject to a total 2 year lock - 1 year cliff followed by 10% unlock and 1 year linear monthly vesting thereafter
Community: 32%
Allocated to developing and supporting the growth of the Renzo ecosystem
The first 7% represents the portion of REZ distributed to Renzo users for Season 1 of the ezPoints Campaign
The remainder of the allocation will be used for various community campaigns, including 5% allocated towards the upcoming second season of the incentives campaign, as well as various cross-chain initiatives, etc.
Core Contributors: 20%
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.
All core contributors are locked on a 1-year cliff with 2-year linear monthly vesting thereafter. No core contributor tokens are unlocked before the 1 year cliff.
Foundation: 12.44%
The Foundation allocation will be used to fund initiatives that widen the reach of ezETH, such as: further development, risk assessments and audits
Binance Launch Pool: 2.5%
Liquidity: 1.5%
Liquidity campaigns, exchange (CEX & DEX) partnerships, ecosystem partners, and market makers
REZ will be used to vote on governance proposals on matters regarding the Renzo protocol, some of which will be key measures to the operations of the protocol, such as:
General risk management frameworks
Deposits, collateral assets, and concentration amounts
Operator whitelisting
Actively Validated Services (AVS) whitelisting
Treasury and community grants
Season 2 starts Friday, April 26th, 2024. All users in the ezETH ecosystem are eligible for points allocation in the new season.
Boost - Season 1 eligible wallets will receive a 10% additional boost for Season 2 participation. Further details on Season 2 will be announced shortly.
How do I claim my REZ?
Users can visit claim.renzoprotocol.com to claim their REZ beginning on April 30th, 2024.
NOTE this is the ONLY official Renzo claim link. If in doubt, please visit renzoprotocol.com and proceed to the “Claim” tab directly. In the interest of caution, do not click on any links from third parties claiming to be associated with Renzo.****
Q: Why do smaller wallets receive no vesting conditions?
A: For users with a smaller wallet balance we wanted to acknowledge the higher gas fees required to participate in Renzo and minimize friction for users.
Q: Do I continue earning rewards after the 26th of April if I participated in Season 1?
A: Yes, a user's eligibility is based on the ezPoints balance in their wallet at time of snapshot. Season 1 users will continue to automatically earn ezPoints as long as they maintain their ezETH balance in their wallets or in any of Renzo’s DeFi integrations.
Q: Can I participate in Season 2 if I’m not eligible for Season 1 distributions?
A: Yes, users who did not participate in Season 1 will be able to accumulate points and participate in Season 2.
Q: Is all my REZ subject to vesting?
A: Only the largest wallets holding greater than 500k ezPoints will be subject to a 50% unlock at TGE and 50% linear vesting over 3 months.
Q: If I accumulated points via DeFi integrations, will my ezETH still be accounted for?
A: Yes, as long as you’re participating in the ezETH ecosystem (i.e. deposits in any of the Renzo DeFi integrations), you are allowed to move your ezETH between DeFi protocols.
Q: If I sell my ezETH before snapshot on April 26th, will I still be eligible for Season 1 airdrop?
A: Yes, if a user sells their ezETH before the snapshot and satisfies the minimum ezPoints criteria described above, they will remain eligible for the Season 1 airdrop.
Q: If I held Pendle YT positions that expire at 00:00 UTC on April 25th, will I still be eligible for the airdrop?
A: Yes, all Pendle YTs are eligible for airdrop as long as they satisfy the minimum ezPoints criteria.
Q: With regards to holding eligible NFTs for airdrop allocation, is the eligibility per NFT held or per wallet?
A: The airdrop allocated to NFTs will be distributed evenly amongst all NFT holders based on their share of the NFTs.
Note: Updated April 24th, 19:30 EST
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