The crypto exchange giant Binance intends to list EZ, a token from the liquid restaking protocol Renzo, as part of the token's distribution plan.

Binance will first incorporate the token into its Launchpool today at 8 p.m. ET (April 24 at 00:00 UTC) before listing the token on April 30 at 8 a.m. ET (12:00 UTC). In the six days before its listing, users can stake the exchange's token BNB and stablecoin FDUSD into separate pools to farm the token, according to a company release.

After listing, individuals can trade with the EZ/BTC, EZ/USDT, EZ/BNB and EZ/FDUSD, among other trading pairs.

The EZ tokens in the Binance Launchpool comprise 2.5% of the total token supply, which was also announced Tuesday. Ten percent will go to airdrops, 31.65% to investors and advisors, 20% to the team, 20% …