Renzo (REZ)
Unlock Schedule
Renzo (REZ) Token Unlock & Vesting Schedule
The chart shows gross modeled releases of every allocation: vesting unlocks, new issuance and reserve distributions, each allocation counted once. These have different meanings; a scheduled release is not evidence that tokens entered circulation or were sold. Review the coverage, sources and assumptions below.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
Supply and allocation
REZ has a fixed total supply of 10,000,000,000 tokens and an initial circulating supply noted at launch. The allocation is published as:
- Fundraising: 31.56% (investor tokens subject to a two‑year lock: one‑year cliff, then 10% unlock and one year of linear vesting)
- Community: 32% (includes 7% for Season 1 of the ezPoints campaign and future community programs)
- Core Contributors: 20% (one‑year cliff, then two years of linear vesting)
- Foundation: 12.44% (supports development, risk work, and audits)
- Binance Launchpool: 2.5%
- Liquidity: 1.5% (market making and exchange partnerships) (docs.renzoprotocol.com)
Protocol governance and voting power
REZ’s primary utility is governance. Holders can help shape Renzo’s risk frameworks, decide which deposit assets are allowed and in what concentrations, approve or remove operators, whitelist AVSs, and manage treasury and community grants. Voting currently happens on Snapshot, with a defined quorum and simple‑majority thresholds that can evolve through future proposals as supply dynamics change. (docs.renzoprotocol.com)
Incentive structure and seasons
Renzo’s community programs have used point‑based campaigns (such as ezPoints) and seasonal drops to bootstrap usage and distribute governance to active users. While the specific details of any given campaign change over time, the underlying idea is consistent: reward behavior that strengthens network security and broadens real usage of restaked assets. The published tokenomics page also signals reserves for future community campaigns across chains. (docs.renzoprotocol.com)
Assumptions
Renzo originally minted 10 billion REZ, allocated among investors, contributors, community programs, the foundation, Binance Launchpool and liquidity. Investor and contributor tokens have published vesting rules, while several community claims and selected incentive transfers have supported dates or reporting months. Treasury spending, some airdrop claim timing and future distributions of repurchased REZ remain uncertain; the chart should keep token creation, unlocks and transfers separate and label modeled monthly splits as estimates. The cited official burn report predates September 30, 2026, so the reference supply and implied cumulative burns cannot be independently certified here.
- Community: Season 1 ezPoints airdrop — 7%: Releases depend on recipients claiming tokens or on grants being awarded.
- Season 1: Milady Maker and SchizoPosters communities — 0.1%: Releases depend on recipients claiming tokens or on grants being awarded.
- Community: Season 2 ezPoints — 5%: The sources give the amount but no release dates.
- Community remainder / DAO treasury — 20%: Releases depend on future governance or treasury decisions.
- Renzo Amore: Season 3 ezPoints recipients — 4%: The sources give the amount but no release dates.
- Renzo Amore: DEX liquidity-provider incentives — 1%: Releases depend on recipients claiming tokens or on grants being awarded.
- Post-Amore liquidity and strategic incentives: Timing not yet established.
- Post-Amore liquidity and strategic incentives: Releases depend on future governance or treasury decisions.
- RP-4 Aave ezETH incentives: quarterly budget: Releases depend on future governance or treasury decisions.
- RP-4 Kamino lending incentives: quarterly budget: Releases depend on future governance or treasury decisions.
- RP-4 Uniswap V3 / Enzyme incentives: quarterly budget: Releases depend on future governance or treasury decisions.
- RP-4 Kamino ezSOL/JitoSOL liquidity: quarterly budget: Releases depend on future governance or treasury decisions.
- RP-4 Fluid ezETH/ETH incentives: quarterly budget: Releases depend on future governance or treasury decisions.
- Chaos Labs DAO risk-management REZ payment request: The sources give the amount but no release dates.
- Foundation — 12.44% of original supply: Releases depend on future governance or treasury decisions.
- Original liquidity allocation — 1.5%: The sources give the amount but no release dates.
- Buyback-funded distributions to ezREZ holders: The sources give the amount but no release dates.
- Buyback-funded distributions to ezREZ holders: New issuance depends on network activity, such as staking, so it cannot be dated in advance.
- 1. https://etherscan.io/token/0x3B50805453023a91a8bf641e279401a0b23FA6F9
- 2. https://docs.renzoprotocol.com/docs/rez/tokenomics
- 3. https://blog.renzoprotocol.com/2025/04/23/rez-token-launch/
- 4. https://www.binance.com/en/research/projects/renzo
- 5. https://www.binance.com/en/support/announcement/detail/b1e64410cc9c4ab29687392f5581a61b
- 6. https://docs.renzoprotocol.com/docs/status-campaigns/renzo-ezpoints-closed/season-2
- 7. https://docs.renzoprotocol.com/docs/status-campaigns/renzo-ezpoints-closed/season-3-amore
- 8. https://docs.renzoprotocol.com/docs/status-campaigns/season-4-claims
- 9. https://gov.renzoprotocol.com/t/rp-2-post-amore-rez-incentives/143
- 10. https://gov.renzoprotocol.com/t/rp-4-new-strategic-incentives-for-renzo/214
- 11. https://gov.renzoprotocol.com/t/monthly-incentives-report/197
- 12. https://gov.renzoprotocol.com/t/proposal-to-unlock-investor-tokens/272
- 13. https://gov.renzoprotocol.com/t/proposal-for-continued-engagement-with-chaos-labs/167
- 14. https://gov.renzoprotocol.com/t/rp-8-rez-buyback-burn-program-3-month-review-and-recommendations/280
- 15. https://blog.renzoprotocol.com/2025/11/05/renzo-completes-its-inaugural-buyback-and-burn-event-aiming-to-reduce-total-supply-by-at-least-10/
Allocations
Parts of this allocation with their own release dates are charted as their own allocations; the chart shows the rest here.
Description
#616
Renzo is a Liquid Restaking Token and Strategy Manager for EigenLayer. It is the interface to the EigenLayer ecosystem securing Actively Validated Services (AVSs) and offering a higher yield than ETH staking.
| Sector: | Liquid Staking |
| Blockchain: | Ethereum |