
AiCoin|Oct 11, 2025 09:27
[Renzo Community Proposes to Buy Back and Burn 10% of REZ Token Supply Over the Next 6 Months]
The Renzo community has released governance proposal RP6, planning to use protocol revenue over the next six months to buy back and burn 10% of the total REZ token supply. Currently, the plan has been initiated, and the first buyback has been completed, using Q3 2025 revenue to burn 1% of the total supply and 2.3% of the circulating supply. According to the proposal, 75%-100% of protocol revenue over the next six months will be used for buybacks, with 9% allocated for burning and the remaining 1% rewarded to ezREZ stakers. The proposal has been published on the governance forum and is awaiting further community discussion and approval.
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