Renzo community approves third-quarter proposal to allocate 5% of total REZ supply over four months.
Renzo announced that its third-quarter Renzo Amore proposal has been approved and will reward its loyal community members by distributing 5% of the total REZ supply between July 26 and the end of November. Of this, 400 million REZ tokens will be allocated retroactively to eligible wallets, and 100 million REZs will also be allocated for liquidity incentives. Renzo said liquidity incentives will be distributed to DEXLP to increase liquidity for ezETH/ETH and pzETH/wstETH pools over a 16-week period.