預金ユーザーにわずか5%しか割り当てられませんか？Renzoのエアドロップがコミュニティの不満を引き起こし、ezETHが一時的に重大なアンカーリングを起こしました

この記事を読むのに必要な時間は 7 分

機会ウィンドウは非常に短く、準備ができている人にしか与えられません。記事の締め切り時点で、ezETH のアンカリング状況は大幅に改善され、ほぼアンカリングが回復しました。

Original Title: "Renzo Airdrop Distribution Leads to Community Discontent, ezETH Suffers Severe Depegging"

Original Source: Followin

On April 24, the popular liquidity restaking project Renzo officially announced detailed token distribution rules, which, however, sparked discontent among many in the community. Renzo's ETH deposit token ezETH experienced a significant price drop, depegging severely and dropping to around $1600.

Early Sale of ezETH, Points Reset

According to the official rules, Renzo Season 1 incentives will end on April 26, and users who sell their ezETH holdings before this date may not be eligible for the airdrop. Users can claim REZ on May 2 through the official redemption website.

Large Holders Lockup 50%, Benefit Small Holders

It is worth noting that large depositors on Renzo may be the most affected, as the official statement indicates that 5 billion REZ (5% of the total supply) will be distributed linearly based on users' accumulated ezPoints. The top 5% of addresses will have 50% of the tokens unlocked immediately at TGE, with the remaining portion vesting linearly over 6 months. While this move has offended large holders, it is favorable to small holders, as reducing the impact of large holders' selling pressure will significantly decrease downwards pressure.

Only 5% Allocated, Deposit Users Feel "Betrayed"

Undoubtedly, the most controversial part of Renzo's token distribution is the proportion of tokens allocated to protocol deposit users.

The official distribution chart provided is as follows:

But in reality, it could be like this:

Or even more straightforwardly, like this:

Crypto KOL @0xCaptainLevi stated that the Renzo protocol airdrop is a joke. Their entire business is built on depositors, but they only give customers 5%, half of which is locked up, so the actual airdrop is only 2.5%. It is absolutely clear that in the past 6 months, the 250,000 users who deposited $35 billion worth of ETH into Renzo will ultimately only receive a 2.5% airdrop, equivalent to the amount distributed through Binance's new coin mining, while the team and investors receive 65% of the token allocation. Moreover, selling ezETH in advance (Renzo's deposit token, pegged 1:1 to ETH) will disqualify users from receiving the airdrop. Users risked their funds by depositing them into your protocol, yet the community did not receive a proper reward.

上記の見解は完全ではないかもしれませんが、コミュニティの不満は確かに存在しています。さらに、Uniswap上でのezETHトークンの流動性プールの深さが不足しており、ezETHの価格が急激にアンカーから外れ、時には針のような急落があり、最大50%の下落率で約1600ドルまで下落しました。