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.
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