Quote from: leonair on Today at 07:14:35 PM

REZ marketcap is only $149M now but the problem is its total supply is huge. They keep only 11.5% of their total supply circulating. So if they increase the supply it can have a big impact on the price of their token. So I am afraid to invest in it. I am always more interested in investing in old top coins. not too excited about the new hype generated tokens for this. you can invest there by your own risk and do your own research

Renzo is one of those projects that are currently being talked about on CT in recent times. I mean those "High FDV, low float" tokens that have been the trend since Binance started listing every and all projects they invested in their launchpool and all of those projects have followed the same pattern. Dumps following the listing like OMNI, etc. But here's one of the downsides of Renzo — they locked deposits in their protocol and when they opened withdrawals, their renzo pegged ETH token depegged to as low as 0.5 RENZO ETH : 1 ETH and since then, it hasn't returned to peg. Security too, not so much. Their team usually fails to communicate with their community. Won't be touching REZ in a long time especially as there are more superior LRT projects ETHFI, KEP (upcoming TGE), etc.