Analysis: Three weeks after Renzo introduced the REZ staking function, 73 million REZ have been staked
Kairos Research posted on X platform about three weeks ago that the Renzo protocol introduced staking for its REZ token. As of June 3, 73 million REZ tokens (worth 12 million USD) have been staked, accounting for 6.64% of the total circulating supply, with an increase of 3,260 new users during this period. Additionally, the staking contract has become the fourth-largest holder of REZ tokens.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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