The Renzo (REZ) community has implemented a buyback and burn program aimed at increasing token value. The initiative, outlined in governance proposal RP6, will gradually purchase and destroy 10% of the total REZ supply through protocol revenues over the next six months. This includes burning 9% of the targeted reduction, with the remaining 1% distributed to users who stake ezREZ tokens as rewards. The program commenced immediately, with the first buyback and burn of 1% of the total supply taking place in Q3 2025. This initial burn will also be included in the final target. The proposal was posted on the Renzo administration forum for community consideration. Despite this new initiative, REZ is currently trading at $0.01018, down 29.45%, a considerable drop from its all-time high of $0.2638 on April 30, 2024. This action failed to stimulate price recovery after the recent significant decline experienced last night. This is not investment advice.