Renzo Listened To Community: Gives Out Additional Allocation To The Community (Check Allocation Below) | by Streak.eth | May, 2024


Streak.eth

Renzo is a Liquid Restaking Token (LRT) and strategy manager for EigenLayer, serving as the interface to the EigenLayer ecosystem. It secures Actively Validated Services (AVSs) and provides a higher yield than staking ETH. The protocol simplifies the process for end-users by abstracting complexity and fostering seamless collaboration with EigenLayer node operators.

Renzo is a liquid derivative platform built on EigenLayer, backed by Binance Labs. It recently raised $3.2 million from investors such as Maven 11 Capital and OKX Ventures. Renzo is distributing 7% of its token supply via an airdrop to participants. Users can now claim their REZ tokens, with the claim window open for 30 days. A second round of the airdrop will begin soon.

However, an initial announcement stated that a minimum of 360 ezpoints was required to participate in the airdrop, excluding many users who did not meet the threshold. This decision caused significant backlash on various social media platforms, as many users were unable to claim their Renzo tokens.

Renzo launched at a price of 0.4$ but dipped to 0.15$ and holders airdrop allocation were lower than expected and the massive dip in price made the airdrop allocation to holders smaller than expected and Renzo listened to the community and decided to give out more allocation to the community. Check and claim your additional allocation:

  1. Check Additional Renzo Allocation
  2. Click On Check Eligibility
  3. Input Your Wallet Address
  4. Check Eligibility and claim
  5. If you are unable to claim/check eligibility, message support on discord for help



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