Post Amore Incentives

The impressive outcomes from previous seasons demonstrate the protocol’s long-term growth, have been driven in part by consistent incentives designed to reward loyal users. Renzo Amore experienced outstanding participation, boosting liquidity across several DeFi integrations, and restored TVL to the $1.8 bn mark. In a continued effort to strengthen liquidity across all products, the Foundation proposed to allocate 0.5% of the total REZ supply as token incentives for liquidity provision for the next 4 months. The objective of the DEX incentives program is to incentivize deep liquidity across the Renzo ecosystem, and attract new liquidity.

Mechanics:

ezPoints Incentives

• 25,000,000 REZ tokens will be allocated every 4 months

• Duration: 0.25% of the total REZ supply distributed every 4 months, for a total of 1 year Each season will last 4 months, and distributions will happen at the end of each season DeFi integrations eligible for ezPoints will be listed and updated on the Renzo Dapp

Liquidity Incentives

• 50,000,000 REZ tokens will be allocated to specific ezETH, pzETH and ezSOL pairs for a duration of 4 months

  • Ethereum Mainnet (ezETH/wETH)

  • Ethereum Mainnet (ezETH/wstETH) through any of the ALMs

  • Ethereum Mainnet (pzETH/wstETH) through any of the ALMs

  • Solana (ezSOL/JitoSOL)

Program Implementation

• Duration: Beginning of December 2024 until the end of December 2025

• Allocation:

  • 0.25% of the total REZ supply (25M REZ) will be distributed at the end of each season, each lasting for a period of 4 months

  • 0.5% of the total REZ supply (50M REZ) allocated for DEX incentives will be equally split across the 4 month period starting from the beginning of December 2024, and ending in March 2025.

Targeted Pools:

• Balancer - Ethereum Mainnet (ezETH/wETH)

• Uniswap V3 - Ethereum Mainnet V3 (ezETH/wstETH) through any of the ALMs

• Uniswap V3 - Ethereum Mainnet V3 (pzETH/wstETH) through any of the ALMs

• Kamino Vault - Solana (ezSOL/JitoSOL)

Token incentives will be distributed to each liquidity pair adjusted as needed to align with the objectives of this proposal The conditions for this proposal may change based on community feedback and discussions The Foundation reserves the option to incentivize other pools in alignment with the best interest of Renzo community. By aligning incentives, this proposal reinforces Renzo’s vision of creating a robust and liquid DeFi ecosystem.