Renzo Protocol's REZ coin is in the market buzz for several reasons, topping up on attention due to a range of events and market actions. Launched with an impressive
$289M Market Cap, Renzo has captured the crypto community attention with its
Liquid Restaking Protocol. The coin however faced a
35% plunge post its listing on
Binance, indicating resistance from the market.
REZ Tokenomics and
ezPoints were also announced, sketching out the working mechanics behind the protocol. There is also a roundup of
Crypto Exchange listing and delisting on May 6, 2024. The
World-First AR/VR Crypto faced a heavy setback and plunged further 43% but manages to raise $17M from
Galaxy, Brevan Howard amidst a restaking frenzy. Renzo being the
Leading ETH Liquid Restaking Protocol currently handles $3.3B in TVL. The
Binance Launchpool picked up Renzo as the 53rd project, inviting users to farm EZ tokens over a period of six days. Renzo account was reportedly compromised by hackers, a setback to the project. In other news, Renzo has simplified staking with a fresh protocol. The after impact of airdrop and Binance listing witnessed a price dip for REZ. Lastly, Renzo
raised $17 Million across two funding rounds, indicating its strength to pull in investment.
REZ Coin News Analytics from Fri, 13 Sep 2019 07:00:00 GMT to Tue, 15 Oct 2024 00:19:58 GMT -
Rating -5
- Innovation 2
- Information 6
- Rumor -4
