The REZ monthly incentives report is a comprehensive summary of REZ token allocations directed to certain DeFi protocols for aforementioned campaigns. Each month, there will be a follow up report on how REZ incentives have been allocated for different strategies in the previous month.
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The REZ monthly incentives report is a comprehensive summary of REZ token allocations directed to certain DeFi protocols for aforementioned campaigns. This version summarizes the distribution of REZ incentives per RP-2 and RP-3 deployment. As earlier stated in the RP-2 proposal, token incentives will be distributed to each liquidity pair and adjusted as needed to align with the objectives of the proposal.
Activity Focus
ezSOL/JitoSOL
For the month of January 2025, most focus was on Solana integrations, with Jito restaking under the spotlight.
On Solana, Kamino was the major focus, bootstrapping liquidity on both LP-Vault pools and lending markets.
REZ is available on the solana network via Wormhole implementation.
ezREZ Liquidity bootstrapping
Per the RP-3 post, the Foundation shall mint ezREZ from the treasury and deploy ezREZ / REZ LP on Uniswap V3 using another REZ from the treasury.
The pool consists of the ezREZ / REZ pair on UniswapV3 - provides liquid swaps for ezREZ versus users who choose to natively withdraw from the Renzo UI.
RP-2 specified 50,000,000 REZ tokens to be used as liquidity incentives throughout the duration of the campaign. As already mentioned above, the month of January had a major focus for Kamino pools - bootstrapping liquidity for ezSOL (Jito restaking).
Of the 50,000,000 REZ tokens allocated, the following amount has been allocated for the quoted month:
Pool
Total REZ Allocated
Kamino ezSOL / JitoSOL
4,200,000 REZ
Total
4,200,000 REZ
ezREZ Liquidity
From the REZ community treasury, 7.5M REZ were sent to the address specified above to seed ezREZ / REZ liquidity on UniswapV3 in this transaction.
Summary
January experienced a huge focus on Jito restaking - incentives flow displaying a huge demand to satisfy user growth for ezSOL. Market conditions and narratives vary from time to time, and so will the incentives be structured to meet the best interest of the community and also accelerate user growth.
The REZ monthly incentives report is a comprehensive summary of REZ token allocations directed to certain DeFi protocols for aforementioned campaigns. This version summarizes the distribution of REZ incentives per RP-2 incentives to targeted pools. As earlier stated in the RP-2 proposal, token incentives will be distributed to each liquidity pair and adjusted as needed to align with the objectives of the proposal.
Activity Focus
ezSOL/JitoSOL
Similar to the previous month, focus continues on solana for ezSOL pools
On Solana, Kamino was the major focus, fostering liquidity on both LP-Vault pools and lending markets.
REZ is available on the solana network via Wormhole implementation.
RP-2 specified 50,000,000 REZ tokens to be used as liquidity incentives throughout the duration of the campaign. February incentives continued on ezSOL via Kamino.
Of the 50,000,000 REZ tokens allocated, the following amount has been allocated for the quoted month:
Pool
Total REZ Allocated
Kamino ezSOL / JitoSOL Lending
4,2000,000
Total
4,2000,000
Summary
For the month of February, there was a continued focus on ezSOL - Jito Restaking VRT through Kamino. Market conditions and narratives vary from time to time, and so will the incentives be structured to meet the best interest of the community and also accelerate user growth.
The REZ monthly incentives report is a comprehensive summary of REZ token allocations directed to certain DeFi protocols for aforementioned campaigns. This version summarizes the distribution of REZ incentives per RP-2 incentives to targeted pools for the month of March.
Activity Focus
ezSOL/JitoSOL
Similar to the previous month, focus continues on solana for ezSOL pools
On Solana, Kamino was the major focus, fostering liquidity on both LP-Vault pools and lending markets.
REZ is available on the solana network via Wormhole implementation.
Aave Merits Incentive Program
REZ incentives were spent for boosting liquidity on the Aave ezETH markets
RP-2 specified 50,000,000 REZ tokens to be used as liquidity incentives throughout the duration of the campaign and of the 50,000,000 REZ tokens allocated, the following amount was allocated for the quoted month:
Pool
Total REZ Allocated
Kamino ezSOL / JitoSOL Vault
2,200,000
Aave Merits Incentives
4,600,520
Total
6,800,520
Summary
For the month of March, there was a declined (relative to the past month) but consistent focus on ezSOL incentives - via Kamino. Aave markets for ezETH saw the most distribution for the month. General market conditions and narratives vary from time to time, and so are the incentives structured to meet the best interest of the community and also accelerate user growth.
The REZ monthly incentives report is a comprehensive summary of REZ token allocations directed to certain DeFi protocols for aforementioned campaigns. This version summarizes the distribution of REZ incentives per RP-2 (and additionally RP-4) to targeted DeFi integrations for the month of April.
Activity Focus
ezSOL/JitoSOL
Similar to the previous month, focus continues on solana for ezSOL pools
On Solana, Kamino was the major focus, fostering liquidity on both LP-Vault pools and lending markets.
REZ is available on the solana network via Wormhole implementation.
Aave Merits Incentive Program
◦ REZ incentives were spent for boosting liquidity on the Aave ezETH markets
REZ S4 Distribution
◦ Final season distributions to S4 participants
RP-2 specified 50,000,000 REZ tokens to be used as liquidity incentives throughout the duration of the campaign and of the 50,000,000 REZ tokens allocated, the following amount was allocated for the quoted month:
As also stated in the RP-2, 25M REZ would be distributed at the end of each season. Given the present market conditions at the time of this report, the Foundation doubled the S4 allocations to 50M (25M extra coming from the incentives budget) so as to make Season 4 worthwhile and rewarding for the community.
Worthy of mention, RP-4 still gives room for a continued flow of rewards to strategic DeFi integrations - supporting the core objectives of RP-2. ICYMI RP-4 brought the points program to an end, kicking off strategic incentives for Renzo’s DeFi integrations.
Quite similar to March, incentives continue to flow to Kamino markets for ezSOL and to the Aave merits program, maintaining incentives across key integrations. General market conditions and narratives vary from time to time, and so are the incentives structured to meet the best interest of the community and accelerate user growth.
The REZ monthly incentives report is a comprehensive summary of REZ token allocations directed to certain DeFi protocols for aforementioned campaigns. This version summarizes the distribution of REZ incentives per RP-2 (and additionally RP-4) to targeted DeFi integrations for the month of May.
Activity Focus
ezSOL/JitoSOL
Similar to the previous month, focus continues on solana for ezSOL pools
On Solana, Kamino was the major focus, fostering liquidity on both LP-Vault pools and lending markets.
REZ is available on the solana network via Wormhole implementation.
Aave Merits Incentive Program
◦ REZ incentives were spent for boosting liquidity on the Aave ezETH markets
RP-2 and RP-4 specified a total of 84M REZ to be used as liquidity incentives and of this amount, the following was allocated for the quoted month:
Pool
Total REZ Allocated
Kamino ezSOL / JitoSOL Vault
2,000,000
Aave Merits Incentives
10,000,000
Total
12,000,000
Summary
For the month of May, focus was on Kamino ezSOL and Aave ezETH markets. General market conditions and narratives vary from time to time, and so are the incentives structured to meet the best interest of the community and also accelerate user growth.
The REZ monthly incentives report is a comprehensive summary of REZ token allocations directed to certain DeFi protocols for aforementioned campaigns. This version summarizes the distribution of REZ incentives per RP-2 (and additionally RP-4) to targeted DeFi integrations for the month of June.
Activity Focus
ezSOL Kamino Markets
Similar to the previous month, focus continues on solana for ezSOL pools
On Solana, Kamino was the major focus, fostering liquidity on both LP-Vault pools and lending markets.
REZ is available on the solana network via Wormhole implementation.
RP-2 and RP-4 specified a total of 84M REZ to be used as liquidity incentives and of this amount, the following was allocated for the quoted month:
Pool
Total REZ Allocated
Kamino ezSOL / JitoSOL Vault
2,000,000
Total
2,000,000
Summary
For the month of June, focus was on Kamino ezSOL markets. General market conditions and narratives vary from time to time, and so are the incentives structured to meet the best interest of the community and also accelerate user growth.
The REZ monthly incentives report is a comprehensive summary of REZ token allocations directed to certain DeFi protocols for aforementioned campaigns. This version summarizes the distribution of REZ incentives per RP-2 (and additionally RP-4) to targeted DeFi integrations for the month of July.
Activity Focus
No REZ emissions to DeFi integrations for the month of July
Summary
For the month of July, focus was on Kamino ezSOL markets. General market conditions and narratives vary from time to time, and so are the incentives structured to meet the best interest of the community and also accelerate user growth.
The REZ monthly incentives report is a comprehensive summary of REZ token allocations directed to certain DeFi protocols for aforementioned campaigns. This version summarizes the distribution of REZ incentives per RP-2 (and additionally RP-4) to targeted DeFi integrations for the month of August and also any other REZ incentives spent on any DeFi protocols.
Activity Focus
No REZ emissions to DeFi integrations for the month of August
Summary
General market conditions and narratives vary from time to time, and so are the incentives structured to meet the best interest of the community and also accelerate user growth.