
PANews|Oct 21, 2025 08:35
[Renzo Launches Proposal RP-6 Voting, Plans to Buy Back 10% of REZ Supply]
According to Renzo Protocol, Proposal RP-6 (A) has now opened Snapshot voting, suggesting using up to 100% of protocol revenue over the next six months to buy back 10% of the REZ supply. Since October 8, the team has conducted a test buyback of 105,013,081 REZ, accounting for 1.05% of the total supply.
Previously, the Renzo community proposed buying back and burning 10% of the total REZ token supply over the next six months.
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