Monthly Incentives Report

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.

Why is this important?

Community participation in DeFi requires both active and passive strategies. These reports will provide a brief overview of how any directed REZ incentives have been spent - gives room for any feedback or suggestions. Please let us know any ideas on improving this content or constructive feedback → Kindly submit in Ideas and Discussions

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REZ Incentives Report for January 2025

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.

Contract/Address Specification

Renzo Protocol Community Treasury 0xCD49a2599434234E5DCB370A2c6D33161a95fFEe
Kamino Incentives Distributor (Ethereum) 0x7e20880035e99e26d6164176f1aa8f272aacf299
Kamino Incentives Distributor (Solana) 2fg3MSp1q4HpHf2oPVCXt8e3R6APBuwJe8xpwfSYFkyK
ezREZ Transfer Transaction for UniV3 Liquidity (7.5M REZ) 0x15a11841c04198ff68d6daac0d6e3349df847029e34b42edb440e5d51171a8e8
Receiving Ethereum Address for Seeding ezREZ Uniswap Liquidity 0x89a8eb26b00637683193b1a2d7fc31f6a77a3139

Distribution Report

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.

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REZ Incentives Report for February 2025

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.

Contract/Address Specification

Name Tag Contract/Address
Renzo Protocol Community Treasury 0xCD49a2599434234E5DCB370A2c6D33161a95fFEe
Kamino Incentives Distributor (Ethereum) 0x7e20880035e99e26d6164176f1aa8f272aacf299
Kamino Incentives Distributor (Solana) 2fg3MSp1q4HpHf2oPVCXt8e3R6APBuwJe8xpwfSYFkyK

Distribution Report

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.

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