As the cryptocurrency market continues to advance, Binance introduces Renzo (REZ), a pioneering liquid restaking protocol, now available through the Binance Launchpool. Users are invited to stake their BNB and FDUSD in distinct pools to earn REZ tokens over a span of six days, commencing from April 24th.

Excitement builds as Binance prepares to list REZ on April 30th, igniting trading with multiple REZ pairs including REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD, and REZ/TRY. The distinctive Seed Tag certification will be attached to REZ, signifying its unique standing within the platform.

Unveiling the BEZ Launchpool Essentials
Here's the essential information regarding this groundbreaking project:
- Token Name: Renzo (REZ)
- Maximum Token Supply: 10,000,000,000 REZ
- Launchpool Token Rewards: 250,000,000 REZ (equivalent to 2.5% of the total token supply)
- Initial Circulating Supply: 1,050,000,000 REZ (representing 10.50% of the maximum token supply)
- Smart Contract Details: Ethereum-based
- Staking Requirements: KYC validation is mandatory
- Hourly Staking Limits per User:
- 147,569.44 REZ in the BNB pool
- 26,041.67 REZ in the FDUSD pool

Up until April 29th, participants can stake BNB to partake in a share of 212,500,000 REZ in rewards or contribute FDUSD to claim a portion of 37,500,000 REZ in rewards. The greater the stake, the more substantial the rewards reaped from this unique opportunity.

For those aligned with BeInCrypto, Binance has prepared a special offer. By joining the platform and successfully completing the KYC verification, select individuals can access a complimentary allocation. Kindly note that this exclusive allocation is limited to the initial 50 participants.

In adherence to the terms and conditions stipulated:
- Hourly snapshots of users' balances and total pool balances will be regularly taken to determine users' hourly average balances and compute appropriate rewards.
- Rewards will be accessible for claiming and transfer to users' spot accounts at any point in time.
- Real-time updates on each pool’s annual percentage yield (APY) and total pool balance will be provided.
- Token staking will be exclusive to one pool at a time, ensuring fair participation and distribution.
- Flexibility remains paramount as users can unstake their funds instantaneously and engage in alternative available pools promptly.
- At the conclusion of each farming period, tokens staked in each pool and any accrued but unclaimed rewards will be automatically transferred to individual users' spot accounts.

Binance further enhances the Launchpool experience by extending support from the BNB Vault and Locked Products, enabling participants who have staked BNB within these platforms to automatically participate in the Launchpool and receive additional token rewards.

For those actively engaged in multiple Launchpool projects concurrently, Binance ensures fair allocation of assets from users' BNB Vault and Locked Products into each project, maintaining equal distribution unless otherwise specified. Certain assets within BNB Vault utilized as collateral for Binance Loans (Flexible Rate) do not qualify for Launchpool rewards.

Noteworthy advantages such as airdrops, Launchpad eligibility, and VIP benefits remain intact for users staking BNB within Launchpool, emphasizing the ongoing benefits and opportunities this initiative offers to the community.

Participation criteria for the Launchpool initiative are contingent upon the user’s country or region of residence. Detailed instructions can be found on the Launchpool interface for clarity and ease of engagement.

As the world of Web3 continues to expand boundlessly, MetaMask Portfolio emerges as an indispensable tool allowing users to navigate seamlessly across L2 networks, bridge assets across various chains, compare quotes, and engage in one-click staking. The possibilities are limitless, mirroring the ever-evolving landscape of digital finance.

Users residing in specific territories are advised that participation in farming REZ is currently restricted for individuals based in the following countries or regions: Australia, Canada, Cuba, Crimea Region, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, United States of America (including its territories: American Samoa, Guam, Puerto Rico, Northern Mariana Islands, U.S. Virgin Islands), and any non-government controlled regions within Ukraine.

The launch of Renzo (REZ) on Binance's Launchpool heralds a new era of opportunity and innovation within the burgeoning world of cryptocurrencies. As the platform continues to unveil cutting-edge solutions and engaging initiatives, users are encouraged to explore, engage, and seize the benefits presented through this groundbreaking venture.