What is REZ

Learned by 1.6k usersPublished on 2024.04.30Last updated on 2025.01.26

0.01

-1.90%

  • Last Price0.01
  • Turnover (24h)3.37K
  • All-Time High0.27
  • Total Supply10B
  • Fully Diluted Market Cap103M
  • Ranking985
  • Market Cap27.1M
  • All-Time Low0.01
  • Circulating Supply2.63B

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

How to Buy Renzo (REZ)Learn now

1. Project Introduction
Renzo (REZ) is a liquid restaking token (LRT) and strategy manager designed to promote the use of EigenLayer, thus securing Actively Validated Services and maximizing returns. By allowing users to deposit ETH or wBETH to create ezETH tokens, Renzo streamlines the staking process and eliminates the need for 32 ETH or integration with EigenPods. As a protocol based on the EigenLayer ecosystem, Renzo aims to simplify complex staking mechanisms and facilitate rapid collaboration with EigenLayer node operators and Actively Validated Services (AVS).
Summary: By introducing the derivative token ezETH and advanced algorithms, Renzo offers higher yields and liquidity, enabling users to restake stably and efficiently while automatically optimizing configuration options.
2. Team & Investment Info
Renzo's founder Kratik Lodha was the Research & Investments Lead at Woodstock. Renzo’s founding contributor, Lucas Kozinski, has extensive experience in crypto projects such as Moonwell, TokenSoft, and the Tezos Foundation.
Funding: Renzo completed a $17 million funding round on June 18, 2024. Funds were raised in two rounds, with Galaxy Ventures leading the first round and Nova Fund — BH Digital leading the second. Previously, Renzo also received $3.2 million in seed investment from Maven11, Figment Capital, Binance Labs, OKX Ventures, IOSG Ventures, SevenX Ventures, and others.
3. Social Media URLs
X: https://x.com/RenzoProtocol
Telegram: https://t.me/RenzoProtocolChat
Discord: https://discord.com/invite/renzoprotocol
4. Token Info
Token Symbol: REZ
Total Supply: 10,000,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0x3b50805453023a91a8bf641e279401a0b23fa6f9
Token Distribution:
Fundraising: 31.56%, 1 year cliff followed by 10% unlock and 1 year linear monthly vesting thereafter;
Community: 32%, first 7% distributed to Renzo users for Season 1, the remainder used for various community campaigns and cross-chain initiatives;
Core Contributors: 20%, locked on a 1-year cliff with 2-year linear monthly vesting thereafter;
Foundation: 12.44%;
Binance Launch Pool: 2.5%;
Liquidity: 1.5%.
5. Related Links
Official Website: https://www.renzoprotocol.com/
GitHub: https://github.com/Renzo-Protocol
Other Info: https://docs.renzoprotocol.com/docs


Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.

Buy your first REZ on HTXJoin

Trading

Spot
Futures

Hot Articles

How to Buy REZ

Welcome to HTX.com! We've made purchasing Renzo (REZ) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy Renzo (REZ) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your Renzo (REZ)After purchasing your Renzo (REZ), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade Renzo (REZ)Easily trade Renzo (REZ) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

664 Total ViewsPublished 2024.04.30Updated 2025.03.21

What is REZ

1. Project IntroductionRenzo (REZ) is a liquid restaking token (LRT) and strategy manager designed to promote the use of EigenLayer, thus securing Actively Validated Services and maximizing returns. By allowing users to deposit ETH or wBETH to create ezETH tokens, Renzo streamlines the staking process and eliminates the need for 32 ETH or integration with EigenPods. As a protocol based on the EigenLayer ecosystem, Renzo aims to simplify complex staking mechanisms and facilitate rapid collaboration with EigenLayer node operators and Actively Validated Services (AVS).Summary: By introducing the derivative token ezETH and advanced algorithms, Renzo offers higher yields and liquidity, enabling users to restake stably and efficiently while automatically optimizing configuration options.2. Team & Investment InfoRenzo's founder Kratik Lodha was the Research & Investments Lead at Woodstock. Renzo’s founding contributor, Lucas Kozinski, has extensive experience in crypto projects such as Moonwell, TokenSoft, and the Tezos Foundation.Funding: Renzo completed a $17 million funding round on June 18, 2024. Funds were raised in two rounds, with Galaxy Ventures leading the first round and Nova Fund — BH Digital leading the second. Previously, Renzo also received $3.2 million in seed investment from Maven11, Figment Capital, Binance Labs, OKX Ventures, IOSG Ventures, SevenX Ventures, and others.3. Social Media URLsX: https://x.com/RenzoProtocolTelegram: https://t.me/RenzoProtocolChatDiscord: https://discord.com/invite/renzoprotocol4. Token InfoToken Symbol: REZTotal Supply: 10,000,000,000Token Type: ERC-20Issuance/Burn Mechanism: Fixed supplyContract Address: 0x3b50805453023a91a8bf641e279401a0b23fa6f9Token Distribution:Fundraising: 31.56%, 1 year cliff followed by 10% unlock and 1 year linear monthly vesting thereafter;Community: 32%, first 7% distributed to Renzo users for Season 1, the remainder used for various community campaigns and cross-chain initiatives;Core Contributors: 20%, locked on a 1-year cliff with 2-year linear monthly vesting thereafter;Foundation: 12.44%;Binance Launch Pool: 2.5%;Liquidity: 1.5%.5. Related LinksOfficial Website: https://www.renzoprotocol.com/GitHub: https://github.com/Renzo-ProtocolOther Info: https://docs.renzoprotocol.com/docs Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.

1.6k Total ViewsPublished 2024.04.30Updated 2025.01.26

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of REZ (REZ) are presented below.

活动图片

Top Questions