PANews reported on October 11th that the Renzo community has officially released governance proposal RP6, which plans to use protocol revenue to repurchase and burn 10% of the total REZ token supply over the next six months. The plan has already launched and completed its first repurchase, using revenue from the third quarter of 2025 to burn 1% of the total supply/2.3% of the circulating supply. Upon approval by Renzo governance, the initial 1% of REZ will be included in the planned targets. Over the next six months, 75%-100% of the protocol's revenue will be used for repurchases, 9% of the target 10% will be burned, and 1% will be rewarded to ezREZ stakers. The proposal has been published on the governance forum for community discussion.PANews reported on October 11th that the Renzo community has officially released governance proposal RP6, which plans to use protocol revenue to repurchase and burn 10% of the total REZ token supply over the next six months. The plan has already launched and completed its first repurchase, using revenue from the third quarter of 2025 to burn 1% of the total supply/2.3% of the circulating supply. Upon approval by Renzo governance, the initial 1% of REZ will be included in the planned targets. Over the next six months, 75%-100% of the protocol's revenue will be used for repurchases, 9% of the target 10% will be burned, and 1% will be rewarded to ezREZ stakers. The proposal has been published on the governance forum for community discussion.

The Renzo community proposes to buy back and burn 10% of the total REZ token supply over the next 6 months.

2025/10/11 17:27

PANews reported on October 11th that the Renzo community has officially released governance proposal RP6, which plans to use protocol revenue to repurchase and burn 10% of the total REZ token supply over the next six months. The plan has already launched and completed its first repurchase, using revenue from the third quarter of 2025 to burn 1% of the total supply/2.3% of the circulating supply. Upon approval by Renzo governance, the initial 1% of REZ will be included in the planned targets. Over the next six months, 75%-100% of the protocol's revenue will be used for repurchases, 9% of the target 10% will be burned, and 1% will be rewarded to ezREZ stakers. The proposal has been published on the governance forum for community discussion.

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.
Share Insights

You May Also Like

Ripple Joins Fed’s Faster Payments Steering — XRP Poised for a $4 Breakout

Ripple Joins Fed’s Faster Payments Steering — XRP Poised for a $4 Breakout

Ripple Strengthens Its Footprint on the Fed’s Faster Payments Task ForceRipple, the blockchain payments giant behind the XRP token, has secured a seat on the Federal Reserve’s Faster Payments Task Force Steering Committee, signaling a growing influence in shaping the future of U.S. payment infrastructure. According to top crypto researcher SMQKE, this move positions Ripple at the heart of discussions surrounding faster, more efficient financial transactions, a space historically dominated by traditional banking institutions.The Federal Reserve’s Faster Payments Task Force, established to explore ways to accelerate U.S. payments, brings together banks, fintech firms, and payment innovators. Ripple’s inclusion underscores its rising credibility as a solution capable of bridging traditional finance with blockchain technology. With its real-time gross settlement system, RippleNet, and the digital asset XRP, the company has long promised faster cross-border payments at lower costs, and now it has a direct line to influence policy and implementation.Therefore, Ripple’s role on the task force goes beyond symbolism. By providing expertise on blockchain integration, payment efficiencies, and regulatory compliance, it helps shape standards that could favor blockchain solutions, marking a pivotal moment for digital assets gaining legitimacy alongside traditional finance.XRP Eyes $4 BreakoutXRP is back in the spotlight as top on-chain and technical analyst Steph Is Crypto signals a potential repeat of its 2024 price trajectory, pointing to a possible $4 breakout. Steph’s analysis on X, formerly Twitter, highlights a bull flag, compressed volatility, and key on-chain indicators that have historically preceded major XRP moves.Notably, Steph’s analysis overlays the current weekly structure on the 2024 setup, highlighting a sustained support trendline, tightening price action, and flag-like consolidation. If momentum pushes the breakout higher, XRP could target $4–$5, aligning with independent crypto coverage that spots $3–$4 as a key liquidity zone for further gains.A key insight in Steph’s thesis is liquidity mechanics, whereby clusters of sell and stop orders above recent highs can fuel rapid price moves. Traders anticipate that sweeping these offers, followed by strong buying, can drive momentum toward round targets like $4, explaining how the bull-flag may trigger a real breakout.ConclusionRipple’s position on the Federal Reserve’s Faster Payments Task Force Steering Committee is more than symbolic, it signals leadership in the evolution of digital finance.As blockchain shifts from innovation’s edge to the heart of global payments, Ripple stands poised to shape the future of money movement.Meanwhile, XRP’s current setup echoes the same technical rhythm that powered its 2024 rally, only now, the stakes are higher and market attention is sharper. According to Steph Is Crypto, the fusion of on-chain strength and classic chart structure points to one conclusion: a $4 breakout may be closer than many expect.
Share
2025/10/22 15:21
Share