According to the project, several changes are expected regarding the REZ airdrop. The Renzo team has decided to increase the initial distribution volume from 5% to 7% following criticism towards the developers and the deposit of the ezETH LRT token.
In addition, the branding date has been postponed to April 30. Tokens can be requested an hour before the asset is listed on the Binance exchange, and the REZ share for the community will be 32% instead of 30%.
The developers also announced that the minimum threshold for participation in the distribution would be 360 points, with 99% of addresses meeting this criterion. However, requirements are higher for larger wallets.
Addresses with a balance of more than 500,000 points will receive only 50% of the TGE drop, and the rest will be unlocked linearly over three months. The Renzo protocol team has previously been criticized, mainly due to the revelation that developers and large investors accounted for 65% of the REZ supply.
Additionally, according to some commentators, the protocol team attempted to misrepresent the asset allocation by using an incorrect chart. Binance will be the first platform to list the REZ token, and trading will commence on April 30.
