Renzo Protocol's token, REZ Coin, garners notable mentions as Binance lists REZ token on its Launchpool, which could allow holders to stake BNB and FDUSD to farm REZ. But, upon its listing, REZ faced market headwinds, declining over 35%. Renzo Protocol, renowned as the leading ETH liquid restaking protocol comprising $3.3B in Total Value Locked - TVL, recently capitalized on the restaking frenzy by raising $17M from notable backers like Galaxy and Brevan Howard. Also, Renzo introduced its REZ tokenomics and ezPoints claiming details.
The hype around REZ seems to grow as traders earn Renzo points, hinting at a potential Renzo Protocol airdrop. Multiple funding rounds helped Renzo Protocol raise $17 million, allowing the REZ token to further increase its potential. However, EZETH, linked to Renzo, depegs to $688 upon the end of the airdrop farming window. The Renzo sphere extends its impact as Binance reveals a distribution plan for Renzo's governance token REZ.
REZ Coin News Analytics from Fri, 17 Apr 2015 08:49:26 GMT to Sat, 28 Dec 2024 08:00:00 GMT - Rating -3 - Innovation 6 - Information 8 - Rumor 2