According to an official announcement, Binance has introduced the 53rd initiative on the Binance Launchpool platform - Renzo (EZ), a cutting-edge liquid restaking protocol. The webpage is expected to be live in 5 hours, preceding the start of the Launchpool.

Commencing from 2024-04-24 00:00 (UTC), users will have the ability to stake their BNB and FDUSD in separate pools to farm EZ tokens over a six-day duration.

Following the staking period, Binance will list EZ on 2024-04-30 12:00 (UTC), with trading options enabled for EZ/BTC, EZ/USDT, EZ/BNB, EZ/FDUSD, and EZ/TRY pairs. EZ will be assigned the Seed Tag status.

EZ Launchpool Details:

Token Name: Renzo (EZ)
Total Token Supply: 10,000,000,000 EZ
Launchpool Token Rewards: 250,000,000 EZ (2.5% of the total token supply)
Initial Circulating Supply: 1,050,000,000 EZ (10.50% of the total token supply)
Smart Contract Details: Ethereum
Staking Requirements: KYC compliance 
Per Hour Cap per User:
- 147,569.44 EZ in the BNB pool
- 26,041.67 EZ in the FDUSD pool

Supported Pools for Staking: 
- BNB (Webpage availability in about 5 hours), EZ rewards: 212,500,000 (85%)
- FDUSD (Webpage availability in about 5 hours), EZ rewards: 37,500,000 (15%)

The farming period spans from 2024-04-24 00:00 (UTC) to 2024-04-29 23:59 (UTC).