Hey Folks, if you still wondering what to do with your BNB or FDUSD the best is to stake them and start farming Renzo! Also when you stake your BNB you also participate in Binance Megadrop Program!

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.

Lastest Updates

Based on Community Feedback Renzo team updated:

šŸ”„Claim timeline

šŸ”„Tokenomics

šŸ”„Airdrop eligibility

šŸ’ŖSnapshot & Claim Timeline:

šŸ‘‰Snapshot date remains on April 26th, 2024

šŸ‘‰Claim date is changing to April 30th, 2024

(1 hour before Binance listing)

šŸ’ŖTokenomics Update:

šŸ‘‰Community: Total increasing from 30% to 32%

šŸ‘‰Total Airdrop allocation increasing from 10% to 12%

šŸ”„Season 1 increased from 5% to 7% total supply

šŸ”„(2% increase is coming from Liquidity (MMs) & Foundation)

Season 2 allocation remains at 5% total supply

šŸ’ŖBinance Launch pool:

šŸ‘‰Remains at 2.5% total supply

šŸ”„Airdrop Eligibility:

šŸ‘‰Minimum qualification is 360 ezPoints per wallet

šŸ‘‰Majority of all eligible wallets, greater than 99%, are fully unlocked at TGE

šŸ‘‰Higher threshold is being applied for the largest wallets. Wallets with more than 500k ezPoints will unlock 50% at TGE with the remainder now vesting linearly over 3 months.

They also announced the start of Season 2 of ezPoints which will run for 3 months

āœ… 5% of total supply

šŸ”„ Season 1 participants will receive a 10% boost

šŸ” Explore new rewards for key DeFi partners

šŸš€ Claims go live April 30th at 11:00 UTC

New ezPoints Rewards:

šŸ”„pendle_fi - 4X ezPoints boost

šŸ”„Balancer / AuraFinance - 4X ezPoints boost

šŸ”„CurveFinance - 4X ezPoints boost

šŸ”„ThrusterFi / hyperlockfi Juice_Finance - 4X ezPoints boost

šŸ”„kimprotocol - 4X ezPoints boost

šŸ”„NileExchange - 4X ezPoints boost

šŸ‘‰Claims:

šŸ”„Starting April 30th at 11:00 UTC, 1 hour prior to the binance listing, the Season 1 airdrop claim window will open. Users will have 30 days to claim their $REZ at claim.renzoprotocol.com. Any unclaimed tokens will be added to the Season 2 airdrop.

šŸ‘‰Stake your BNB or FDUSD and start farming Renzo here:

https://launchpad.binance.com/en/launchpool/REZ

Happy Farming šŸšœšŸšœšŸšœ

#BinanceLaunchpool #RENZOLAUNCHPOOL