Renzo Tokenomics Overview
Full Renzo tokenomics breakdown: REZ token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
TGE DateApril 30, 2024
Max Total Supply10,000,000,000
Total Supply9,814,629,224
Transparency
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REZ Tokenomics FAQ
Key questions and answers about Renzo tokenomics.
What is the utility of the REZ token?
Renzo has 4 primary token utilities:
- Network Security: REZ tokens can be staked via ezREZ and delegated to operators who secure Actively Validated Services (AVSs) on EigenLayer, providing cryptoeconomic security.
- Staking Rewards: ezREZ is a reward-bearing token that auto-compounds AVS rewards and instant withdrawal fee revenue on a weekly basis, with its value increasing over time relative to underlying REZ.
- Standard 1:1: Vote tallying on Snapshot occurs on a linear basis where each unit of voting power counts equally toward the final vote, with no time-lock multiplier.
- Delegated: REZ holders can delegate voting power to official delegates or any address of their choice without transferring tokens; delegation is required for non-staked REZ to activate voting rights.
What is the token allocation for REZ?
Renzo token distribution allocates 10,000,000,000 REZ across 5 primary stakeholder groups:
- Community: 32.00% (Community 20.00%, Airdrop Season 1 7.00%, Airdrop Season 2 5.00%)
- Private Investors: 31.56% (Investors 31.56%)
- Insiders: 20.00% (Core Contributors 20.00%)
- Foundation: 13.94% (Foundation 12.44%, Liquidity 1.50%)
- Public Investors: 2.50% (Binance Launchpool 2.50%)
What is the vesting schedule for REZ?
REZ uses variable cliffs and vesting schedules that change depending on the allocation:
- Investors: 12 Month Cliff, 12 Month Linear Vesting
- Core Contributors: 12 Month Cliff, 24 Month Linear Vesting
- Community: No information
- Foundation: No information
- Airdrop Season 1: 100.0% at TGE
- Airdrop Season 2: No information
- Binance Launchpool: 100.0% at TGE
- Liquidity: 100.0% at TGE
How many REZ tokens unlock at TGE?
10% of the total supply (1,000,000,000 REZ) is unlocked at TGE, with the tokens split between Community, Public Sale, and Foundation.
What is the total supply and circulating supply of REZ?
Renzo has a total supply of 10,000,000,000 REZ, of which 9,091,481,866 REZ (90.9% of total) is currently circulating.
What is the token emission schedule for REZ?
Total length of the full Renzo emission schedule is 4 years, with 10.00% released in Year 1, while the remaining 51.56% is released over the following 3 years.
What percentage of REZ is allocated to the community?
32% of the Renzo supply is allocated to community focused pools such as Community, Airdrop Season 1, and Airdrop Season 2.
What is Renzo (REZ)?
Renzo REZ tokenomics enables streamlined liquid restaking through the EigenLayer protocol framework. The platform eliminates complex operator management and reward strategy optimization for end users through automated mechanisms. REZ governance token coordinates protocol operations while ezETH provides liquid staking derivatives with automatic reward capture and DeFi composability. Token holders participate in validator selection, fee distribution, and protocol upgrades. The restaking infrastructure maximizes yield opportunities across multiple validation services while maintaining withdrawal liquidity through collateralized token design.
