PANews October 21 news, according to Renzo Protocol, proposal RP-6 (A) has now opened Snapshot voting, suggesting to use up to 100% of protocol revenue to buy back 10% of the $REZ supply within the next 6 months. Since October 8, the team has tested the buyback of 105,013,081 $REZ, accounting for 1.05% of the total supply.
According to previous news, the Renzo community proposed to repurchase and destroy 10% of the total supply of REZ tokens over the next 6 months.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.