Renzo will open the REZ airdrop claim channel on May 2
Renzo, under the re-pledge agreement, has released the economic model and redemption details of its native token REZ. The first season of rewards will end on April 26th and the second season of rewards will begin. Users who sell their ezETH holdings before this date may not be eligible for the airdrop.
Users can receive REZ on May 2nd. The top 5% of addresses will have 50% of their tokens unlocked immediately, with the remaining portion released linearly over 6 months. The first season will be distributed linearly based on the user's ezPoints balance. The initial 2% of the 5% airdrop, which is 0.1% of the total supply, will be distributed to the Milady Maker and SchizoPosters communities. Unclaimed REZ will be used for the second season's activities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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