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Renzo releases new proposal: 500 million REZ will be distributed within 5 months to incentivize the community

Renzo releases new proposal: 500 million REZ will be distributed within 5 months to incentivize the community

CointimeCointime2024/07/26 02:02
By:Cointime

Renzo, the initiator of the re-pledge agreement, has launched a new proposal called "Renzo Amore", which plans to distribute 500 million REZ tokens (5% of the total) for community incentives within 5 months. Among them, 400 million REZ will be retrospectively distributed to eligible wallets, and 100 million REZ will be used to reward DEX liquidity providers. The proposal will begin a 5-day voting period on Snapshot on July 30th, and all REZ holders can participate.

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