Renzo (EZ) to Launch with 1.05 Billion in Initial Circulating Supply: 10.5% of Total Supply

IconCrypto News Terminal23 Apr, 2024

cryptonews.jpg

Renzo (EZ) to Launch with 1.05 Billion in Initial Circulating Supply: 10.5% of Total Supply

Renzo (EZ), a Layer-1 blockchain platform, is gearing up for its highly anticipated launch with an initial circulating supply of 1.05 billion tokens. This represents approximately 10.5% of the total supply of 10 billion EZ tokens. The EZ token will serve as the native cryptocurrency for the Renzo blockchain, facilitating transactions, powering smart contracts, and serving as a store of value. The initial circulating supply will be distributed among early adopters, investors, and the Renzo Foundation. Renzo's launch with a substantial initial circulating supply demonstrates the project's commitment to fostering a robust and decentralized ecosystem from the outset. The platform is expected to attract a wide range of users and developers, drawn by its scalability, security, and user-friendliness. Previously on 23 April 2024, Renzo announced its partnership with leading cryptocurrency exchange Binance to list the EZ token upon launch.

Related News