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REZ / TetherUS PERPETUAL CONTRACT

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Ethereum and airdrop farming ideaHope everyone is enjoying the weekend so far, wanted to bring your attention to a setup forming in Ethereum and the ramifications from the upcoming launch of the EigenLayer token. If you are not aware, EigenLayer is a protocol that allows Ethereum stakers to rehypothecate their position, and secure other networks with the same Ethereum collateral. The way coins will be distributed is based on participation in restaking (which for now is only getting started as far as having actual protocols to secure on top of securing the Ethereum network with your staked coins). Naturally, this new protocol creates an opportunity for other entities to develop solutions to enable people with lesser capital who can't run a validator node (each requires 32 ETH and specialized software and hardware, and connectivity) or who might want to have liquidity while benefiting from restaking, rather than being locked into the EigenLayer protocol for an extended period of time before being able to withdraw funds (initially this was a few months of wait, was reduced recently). Thus, liquid restaked Ethereum tokens came out, one of the most prominent ones being Renzo, who offers people the ability to restake their ETH with them, and obtain ezETH tokens, that can be used to interact with various decentralized finance dapps, like for example, using it as collateral to obtain a USDT loan, or lending it to traders for extra yield, or perhaps to provide liquidity in trading pairs that allow people to quickly trade from spot ETH into restaked ETH tokens, or derivatives that exist out there tied to these ezETH liquid restaked tokens. Renzo launched their own governance token, which has a very bullish chart, suggesting it can grow from here with very low risk if you buy into it. At some point, the token might allow people to obtain part of the protocol's revenue as a sort of dividend if you hold and stake it. For the time being, the incentive is that if you hold and stake some REZ, you may get some bonuses to farm future airdrop seasons (the distribution of REZ tokens is split in a few batches, called seasons). Each day that you hold on to ezETH you accumulate points, which determine how many coins you will get in the next airdrop season, both for EigenLayer tokens (EIGEN) and for Renzo governance tokens ( AMEX:REZ ). An initial batch of EIGEN and REZ tokens were already distributed, but the EIGEN tokens can't be transferred or sold, so there is no market to show a chart for them. I pasted an image of a pre launch futures contract that you can trade at aevo.xyz, to illustrate what the value of EI GEN is perceived to be. My idea is that EIGEN can be something like Lido governance tokens, it became the largest liquid staking token and price went up 25x from launch. The potential is there, and since Ethereum has a good chance of outperforming Bitcoin due to ETF flows and speculation surrounding them, it makes a ton of sense to allocate capital into farming EIGEN and REZ while riding the trend in ETH. It's a no brainer move that everyone should be profiting from IMHO. To do it, you do need to familiarize yourself with operating hardware wallets, metamask or other browser addon wallets (like Rabby Wallet, which also happens to accumulate points with usage, for a future distribution of their own token!) to interact with decentralized apps, and proper security practices to manage custody of crypto outside of centralized exchanges. Then you need to be aware of the different ways of using the Ethereum network, as there is a main net layer 1, and layer 2 networks that operate on top of it but allow you to spend WAY less on fees. Renzo, conveniently allows you to restake your ETH while using a layer 2 network, which costs fractions of a cent per operation, vs Ethereum layer 1 main net which costs $1.5-3 to move coins around, and 15-30-50 or more to interact with decentralized apps. First step would be to obtain some ETH at an exchange, withdraw to your Arbitrum network ETH address (which you obtain after setting up your Trezor or Ledger wallet and hooking it up to Metamask or Rabby Wallet). Then head to Renzo's page to restake your ETH: app.renzoprotocol.com There you will see this menu: imgur.com Connect your browser wallet to the app, then click on the ETH icon in the restake menu, to select the network, you'll see icons for each, hover on them to find the Arbitrum network, then click on your ETH balance. After confirming the required steps to restake (allow spending your ETH, signing a transac tion, then confirming the restaking operation transaction), you will have ezETH in your wallet and some ETH for fees (maybe 0.01 ETH to be safe). You can see your balances in a dashboard app like DeBank: debank.com your ETH address here* This is the start, there's more advanced stuff to do to put that capital to work, but holding some restaked ezETH is the bare minimum I'd suggest, then study and familiarize yourself with everything that there is to learn. We are looking at a possible extra yield from airdrops which can be substantial (maybe 2-3x gains) on top of an asset that can go up 3 to 10x from here! If you wanna learn more, and follow my insights for this, check out my signature for info. Best of luck! Cheers, Ivan Labrie.
RLong
by IvanLabrie
1
Rez/Usdt Proper Plan Rez/USDT is currently trading within a triangle pattern, leading to anticipation of a potential new all-time high (ATH) soon. Two potential scenarios could unfold. The first scenario involves a direct breakout to the upside, propelling the price to new ATH levels. The second scenario is a fair value gap, suggesting a potential price fill before a rebound. It might be prudent to wait for a breakout or consider entering the market with two distinct positions. Remember, this information is not financial advice, so it is advisable to conduct your own research (DYOR) before making any decisions.
RLong
by Crypto-By-Ghazi
Rez accumulation zones IAP model for altcoins after listing! Watch the main zones for accumulation BINANCE:REZUSDT Possible Targets and explanation idea ➡️IAP model for altcoins! Looking in to accumulation zones for Renzo ➡️Check the chart and titles on zones ➡️Im waiting order flow step by step to first zone to buy. ➡️Only 10% coins unlocked and now its 1b supply Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
RShort
by Crypto4light