🔥 Today we celebrate Burn #3 in the Renzo Buyback and Burn Program. Read 🧵 for the details on how much was purchased from the open market, how much has been cumulatively burned, and how much $REZ was distributed to REZ stakers.

Since inception, Renzo has purchased 190,881,784 REZ from the open market with protocol revenues.

Cumulatively, Renzo has burned 171,717,287 REZ, reducing total supply by 1.72%, with much more to go.

And a cumulative total of 19,088,178.4 REZ distributed to REZ stakers since the inception of this program.

How does this benefit $REZ holders? 1️⃣ Increased $REZ scarcity and reduced supply. 2️⃣ Potential Price Support and Value Accrual. 3️⃣ Value Alignment, linking protocol success with REZ holders. 4️⃣ Transparency and Commitment. 5️⃣ Reduced inflation pressure.

Visually, we call this the Buyback and Burn Flywheel. And you can track in real-time on our Dune Dashboard the progress of this program. dune.com/renzo_team/renzo-prot...… We are absolutely committed to the community and to every REZ token holder. Our goals are aligned and when you

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