Progress Report June 7-June 14

Key points:

• Huobi has completed the token upgrade for $GXC to $REI
• REI DAO Proposal #2: “ Introducing FREE STAKE Module” has successfully passed
• DigiFinex listed $REI/$USDT spot trading pair

A. Product Development Progress

REI-Network:

- Snapshot sync and light node @to be released

- FreeStake @to be released

- REI-Core performance improvement @ in progress

REI-DAO:

- Development of cross-chain bridge governance module @ in progress

- NFT Badge NFT module was added to MyAccount page for mobile optimization @Released

REI-SCAN:

- Contract call error information display @in progress

GXC-Convert:

- Exchanges processed: 576 transactions

- Total: 66,492,613.97270 (88.65% of circulation)

B. Operational Progress

• We are thrilled to announce that Huobi has completed the token upgrade for $GXC to $REI. $REI spot trading (REI/USDT) has been started at 09:00 (UTC) on June 9. Details: https://huobi.co.no/support/en-us/detail/24908833546895
• On June 10, Selene, the CMO of Theia, was invited to the AMA about Theia, in the REI Network international community. Selene explained Theia’s game mechanics, tokenomics , deployment plan and roadmap on REI Network, and the benefits that cooperation with REI Network can bring to each other. AMA recap: https://medium.com/gxchain-project/recap-rei-network-ama-with-theia-a9c9372ff019
• REI DAO Proposal #2: “ Introducing FREE STAKE Module” has successfully passed! In total 579K $REI was voted to support the proposal Thanks for the support from the community.

C. REI Network Ecosystem

• We are honored to have $REI listed on DigiFinex-the World’s Leading Digital Asset Exchange⁣! Let’s start trading now: https://digifinex.com/en-ww/trade/USDT/REI

Join the GXChain Community

REI Network is an EVM-compatible public blockchain. As an Ethereum para chain, it owns the features of lightweight, free and dev-friendly. REI Network is to effectively solve the current high cost and low-efficiency problems of public chains. Therefore, GXChain can achieve free, low-cost development, and rapid migration of applications, and can be shared and symbiotic with the EVM ecosystem, also supporting the development of Defi, GameFi, and NFT.

Users can access the REI token on:

Binance | Huobi Global| Upbit | Bithumb | Bittrex

If you are interested to participate in our community and receive timely updates from the following official channels:

Twitter | Telegram | Medium |Github | Reddit | Website| Discord

Huobi Completed $GXC-$REI Token Upgrade, DigiFinex Listed $REI/$USDT Spot Trading Pair was originally published in REI Network Project on Medium, where people are continuing the conversation by highlighting and responding to this story.