PANews reported on October 21st that Renzo Protocol has opened its Snapshot voting for Proposal RP-6 (A), which proposes using up to 100% of protocol revenue to buy back 10% of the $REZ supply over the next six months. Since October 8th, the team has already conducted a test buyback of 105,013,081 $REZ, representing 1.05% of the total supply.
Earlier news, the Renzo community proposed to repurchase and destroy 10% of the total supply of REZ tokens in the next 6 months .
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.