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Renzo (EZ) Token Distribution Plan Announced, 10% Will Be Used for Airdrops
2024-04-23 11:08:14
Odaily News According to the research report released by Binance, the distribution plan of Renzo (EZ) tokens is as follows: Binance Launchpool will account for 2.50% of the total tokens, airdrops will allocate 10.00% of the total tokens, investors and consultants will allocate 31.56% of the total tokens, the team will allocate 20.00% of the total tokens, the foundation will allocate 13.44% of the total tokens, the DAO treasury will allocate 20.00% of the total tokens, and the liquidity allocation will account for 2.50% of the total tokens. It is reported that EZ will be used to vote on governance proposals related to the Renzo protocol, some of which will be key measures for the operation of the protocol. As of April 23, the total supply of EZ is 10 billion, and the circulating supply at the time of launch will be 1.05 billion (approximately 10.50% of the total token supply).