Renzo RP-6 Vote Begins
The Renzo Protocol is initiating the RP-6 vote starting on October 15, 2025, concerning a buyback and burn proposal of 10% of its tokens over six months. This vote is hosted by the Renzo team and is conducted on their official channels, aiming to empower community governance regarding tokenomic changes. Recent News In recent months, Renzo has focused on governance enhancements and community engagement, culminating in the RP-6 vote proposal. The community has been closely involved in discussions about tokenomics, reflecting broader efforts to stabilize and potentially increase the value through buyback and burn mechanisms. Future Plans Following the RP-6 vote, if approved, the project plans to implement a structured buyback and burn of 10% of the total token supply spread over a six-month timeline. This initiative aims to reduce circulating supply and enhance token value, accompanied by ongoing governance votes for future economic adjustments. Onchain Data No verifiable onchain metrics available. Community Sentiment Mixed — Community reactions on Twitter show a blend of optimism about the buyback and burn potential and caution regarding the impact on token valuation. Some users emphasize the importance of community governance in these decisions. Risk Disclaimer The RP-6 vote and subsequent buyback and burn plan could influence token price dynamics. Stakeholders should consider governance outcomes carefully and understand potential market implications. Sources used https://x.com/RenzoProtocol/status/1977752324849520781
Renzo
October 15

