Liquid Restaking Protocol Renzo Airdrops REZ Token, Debuts at $289M Market Cap
Briefly

from Coindesk10 months ago
Renzo protocol allocates 32% of tokens to the community and implements a 3-month vesting period for users with over 500,000 ezPoints.
Coindeskhttps://www.coindesk.com/markets/2024/04/30/liquid-restaking-protocol-renzo-airdrops-rez-token-debuts-at-289m-market-cap/
Despite Renzo's tweet stating the token's unavailability on DEX, Dextools data shows REZ being traded on Uniswap with a $75 million trading volume within an hour.
Coindeskhttps://www.coindesk.com/markets/2024/04/30/liquid-restaking-protocol-renzo-airdrops-rez-token-debuts-at-289m-market-cap/
Read at Coindesk
#renzo-protocol #token-distribution #vesting-period #community-allocation #dex-trading
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