Starting from April 30, 2024 (UTC), Binance, a well-known cryptocurrency exchange, will introduce Renzo (EZ) as its newest project in the Launchpool program. Renzo brings something new to the crypto world with its innovative liquid staking protocol for mining. Instead of traditional mining methods, users can now participate by simply depositing BNB and FDUSD. The total supply of Renzo coins is capped at 10 billion, with an initial circulation of 1.06 billion coins.
Starting April 24, 00:00 (UTC), Renzo’s system lets users deposit BNB and FDUSD into separate pools to earn EZ tokens over a six-day period. This method not only distributes tokens but also encourages active user involvement, boosting community engagement within the Renzo platform.
Prior to now, Binance Labs demonstrated their confidence in the Renzo project by making an investment. This action served as a sign of reliability within the community. As the initial exchange to list Renzo, Binance will offer trading pairs such as REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD, and REZ/TRY.
Read More
- 15 Charged for converting Drug Cartels’ Cash into Cryptocurrency in U.S.
- XRP Price Eyes $2 Support Level Amidst Market Correction
- OREO Unveils Six New Products for 2025
- ‘Brides’ Finds a Distributor in Neon for Latest New Vampire Horror Movie
- PYTH PREDICTION. PYTH cryptocurrency
- Google’s Willow Quantum Chip Sparks Bitcoin Security Debate
- India signals no fixed timeline for crypto rules, calls for global alliance
- Apple Lands Anya Taylor-Joy Led Drama ‘Lucky,’ Based on Bestseller
- BlackRock’s IBIT ETF Surpasses 300K BTC Milestone
- Ben Affleck And Matt Damon Are Back To Work Together, And An Insider Weighed In On Their Longtime Connection
2024-04-24 01:56