Renzo: Increase airdrop allocation to 12%, most airdrop addresses can be fully unlocked after TGE
On April 25th, Renzo announced on its social media platform that, after listening to community feedback, it has decided to update the token distribution ratio. This includes increasing the airdrop distribution ratio to 12% of the total token supply, increasing the total supply for the first quarter from 5% to 7% (with the additional 2% being covered by liquidity and the foundation), and keeping the distribution for the second quarter at 5% of the total supply.
In addition, the minimum eligibility for wallet airdrops is 360 ezPoints, with most airdrop addresses fully unlocked after TGE. Wallets with over 500,000 ezPoints will have 50% unlocked after TGE, with the remaining portion linearly attributed within 3 months.
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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