renewPeriod

What does it mean?
This grace period is provided after a domain name registration period is explicitly extended (renewed) by the registrar. If the registrar deletes the domain name during this period, the registry provides a credit to the registrar for the cost of the renewal.

Should you do something?
This is an informative status set for a limited period or your domain’s renewal by your registrar. If you did not request to renew your domain and do not want to keep it (i.e., pay the renewal fee) anymore, you should contact your registrar immediately to discuss what options are available.

Who can set this status on my domain name?
Your Domain’s Registry