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:
đ„Claim timeline
đ„Tokenomics
đ„Airdrop eligibility
đȘSnapshot & Claim Timeline:
đSnapshot date remains on April 26th, 2024
đClaim date is changing to April 30th, 2024
(1 hour before Binance listing)
đȘTokenomics Update:
đCommunity: Total increasing from 30% to 32%
đTotal Airdrop allocation increasing from 10% to 12%
đ„Season 1 increased from 5% to 7% total supply
đ„(2% increase is coming from Liquidity (MMs) & Foundation)
Season 2 allocation remains at 5% total supply
đȘBinance Launch pool:
đRemains at 2.5% total supply
đ„Airdrop Eligibility:
đMinimum qualification is 360 ezPoints per wallet
đMajority of all eligible wallets, greater than 99%, are fully unlocked at TGE
đHigher 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
â 5% of total supply
đ„ Season 1 participants will receive a 10% boost
đ Explore new rewards for key DeFi partners
đ Claims go live April 30th at 11:00 UTC
New ezPoints Rewards:
đ„pendle_fi - 4X ezPoints boost
đ„Balancer / AuraFinance - 4X ezPoints boost
đ„CurveFinance - 4X ezPoints boost
đ„ThrusterFi / hyperlockfi Juice_Finance - 4X ezPoints boost
đ„kimprotocol - 4X ezPoints boost
đ„NileExchange - 4X ezPoints boost
đClaims:
đ„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.
đStake your BNB or FDUSD and start farming Renzo here:
https://launchpad.binance.com/en/launchpool/REZ
Happy Farming đđđ