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Renzo community proposes to repurchase and destroy 10% of the supply of REZ tokens in the next 6 months

AiCoin
AiCoin|Oct 11, 2025 09:27
The Renzo community has released governance proposal RP6, which plans to use protocol revenue to repurchase and destroy 10% of the total supply of REZ tokens within the next 6 months. At present, the plan has initiated and completed its first repurchase, using the revenue from the third quarter of 2025 to destroy 1% of the total supply and 2.3% of the circulation. According to the proposal, 75% -100% of the agreement revenue in the next 6 months will be used for repurchases, 9% of the target total of 10% will be destroyed, and the remaining 1% will be rewarded to ezREZ stakers. The proposal has been published in the governance forum and is awaiting further discussion and approval from the community.
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Timeline

Nov 10, 05:43RIVER price fluctuations are due to a premeditated attack
Nov 07, 00:58USDC Treasury destroyed over 100 million USDC on the Solana chain
Nov 06, 13:42SRF is the Federal Reserve's Standing Repo Facility
Nov 05, 23:40Token burning is an important measure to restart relationships.
Nov 05, 11:24The project team drives market progress
Nov 05, 00:51Ether.Fi DAO approves $50 million ETHFI buyback plan
Nov 04, 11:33Sequans sold 970 Bitcoins to reduce debt to $94.5 million.
Nov 04, 10:0050% of Giggle transaction fees will be burned.
Nov 03, 10:54180,995 BMEX tokens were burned in October.
Nov 03, 00:02SKY execution vote passed, buyback limit increased to 300,000 USDS

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