Renzo (REZ)
Unlock Schedule
Renzo (REZ) Token Unlock & Vesting Schedule
The unlock chart above provides a clear visual overview of the Renzo (REZ) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence REZ price performance.
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
- Genesis/TGE modeled as April 30, 2024.
Official docs state Season 1 claim opens April 30, 2024 and reference Binance listing one hour later.
- Season 1 large-wallet vesting share modeled as 10% of the 7% airdrop (70M REZ) linearly over 3 months.
Docs confirm 50% three‑month vest for wallets >500k ezPoints but do not disclose token share; chose a conservative placeholder to reflect the mechanism without wallet-level data.
- Season 3 LP incentives (1% = 100M REZ) modeled as fully used over ~4 months.
Docs note unused emissions may return to DAO treasury; exact utilization not disclosed.
- Season 4 amounts interpreted as 0.5% (=50M REZ) to ezPoints (end-of-season cliff) and 0.5% (=50M REZ) to liquidity incentives linearly Dec 2024–Mar 2025.
Season 4 page includes both 0.5% figures and 50,000,000 token references; where text conflicts (25M vs 50M), used 0.5% of 10B = 50M as authoritative.
- Remaining Community allocation (1.4B REZ) released via Renzo Rewards and future campaigns over 36 months (Apr 2025–Mar 2028) linearly.
Docs confirm ongoing governance-controlled incentives after Season 4 but no schedule/amounts; modeled evenly for charting.
- Foundation allocation modeled as long-dated locked (placeholder cliff 2030-12-31).
No official vesting timetable; funds are governance-controlled for development/audits; placeholder avoids implying earlier distribution.
- Liquidity allocation assumed available at TGE.
Docs state for liquidity campaigns, exchange partnerships and market makers, typical at listing; no lockup specified.
- 1. https://docs.renzoprotocol.com/docs/rez/tokenomics
- 2. https://docs.renzoprotocol.com/docs/status-campaigns/renzo-ezpoints-closed/season-1
- 3. https://docs.renzoprotocol.com/docs/status-campaigns/renzo-ezpoints-closed/season-2
- 4. https://docs.renzoprotocol.com/docs/status-campaigns/renzo-ezpoints-closed/season-3-amore
- 5. https://docs.renzoprotocol.com/docs/status-campaigns/renzo-ezpoints-closed/season-4
- 6. https://docs.renzoprotocol.com/docs/rez/basic-info
Allocations
Description
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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 |