Impact of REZ Tokenomics Update on ezETH's Depeg on Binance

Wednesday, 24 April 2024, 20:22

After the announcement of REZ tokenomics on Binance, ezETH experienced an 18.3% depeg, suggesting user reactions to the complexity of the distribution plan. The significant drop in ezETH value could be attributed to users seeking to exit due to the confusing nature of the REZ token distribution plan.
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Impact of REZ Tokenomics Update on ezETH's Depeg on Binance

ezETH Depeg due to REZ Tokenomics Update

The depeg of ezETH by 18.3% on Binance raised concerns among users...

Reasons for Depeg

  • Complex REZ Tokenomics: Users' confusion over the distribution plan

The rapid decline in ezETH value reflected...


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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