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Renzo has initiated the voting for proposal RP-6, planning to repurchase 10% of the $REZ supply.
PANews October 21 news, according to Renzo Protocol, proposal RP-6 (A) has now opened Snapshot voting, suggesting to use up to 100% of protocol revenue to buy back 10% of the $REZ supply within the next 6 months. Since October 8, the team has tested the buyback of 105,013,081 $REZ, accounting for 1.05% of the total supply. According to previous news, the Renzo community proposed to repurchase and destroy 10% of the total supply of REZ tokens over the next 6 months.