REZ Incentives Report for April 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 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
Contract/Address Specification
| Name Tag | Contract/Address |
|---|---|
| Renzo Protocol Community Treasury | 0xCD49a2599434234E5DCB370A2c6D33161a95fFEe |
| Kamino Incentives Distributor (Ethereum) | 0x7e20880035e99e26d6164176f1aa8f272aacf299 |
| Kamino Incentives Distributor (Solana) | 2fg3MSp1q4HpHf2oPVCXt8e3R6APBuwJe8xpwfSYFkyK |
| Aave Incentives Distributor address | 0xdef1FA4CEfe67365ba046a7C630D6B885298E210 |
Distribution Report
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 | 3,000,000 |
| Aave Merits Incentives | 5,745,000 |
| S4 Distribution | 25,000,000 (extra top-up) |
| Total | 33,745,000 |
Transaction for the Season 4 distribution can be found here - Ethereum Transaction Hash: 0x87c2ce7d8d... | Etherscan
Summary / Important Note on Season 4 Distribution
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.