Renzo Announces REZ Airdrop Details and Important Deadline for ezETH

Bittime - Renzo, an innovative re-staking protocol, has revealed details surrounding their native token, REZ, including the economic model and airdrop specifications . Check out the full explanation below!

End of Quarter Prizes and Deadlines

The current reward period for staking ezETH ends on April 26, marking the end of the first quarter. The second quarter will start soon after. It is important to note that users who sold their ezETH holdings before this date (April 26) may not be eligible for the upcoming REZ airdrop.

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REZ Claims: May 2 Opens the Door

Starting May 2, users can claim their REZ tokens via the official website: claim.renzoprotocol.com. A tiered release schedule applies:

• Top 5% of Addresses: These lucky holders will have immediate access to 50% of the tokens allocated to them.
• Remaining Users: The remaining 50% will be unlocked linearly over a six month period.

Airdrop Distribution Details

REZ airdrops for the first quarter will be distributed proportionally based on each user's ezPoints balance. Following are the allocation details:

• 2% of Initial Airdrop: Allocated to the Milady Maker and SchizoPosters communities.
• Unclaimed REZ: Unclaimed REZ tokens from the first quarter will be added to the pool for the second quarter airdrop event.

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Airdrop Eligibility Depends on ezETH

As previously announced by Renzo, 10% of EZ tokens were allocated for the airdrop. However, users who sell their ezETH holdings before the April 26 deadline risk losing their airdrop eligibility.

Conclusion

Renzo's REZ airdrop and ever-evolving reward structure for ezETH staking marks a significant step towards a dynamic ecosystem. Stay tuned for further updates as Renzo continues to shape the future of re-staking.

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How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime .  Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.  

To be able to buy crypto assets on  Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

Learn  Complete Guide How to Buy Crypto on Bittime . 

Monitor price chart movements  of Bitcoin (BTC) ,  Ethereum (ETH) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime.

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DISCLAIMER:  This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.