Progress Report Sep 5-Sep 12

Key points:

• NerveNetwork has joined forces with REI Network as an official validator
• Bithumb announced the support for REI Network upgrades and hard fork
• Binance announced the support for REI Network upgrades and hard forks.
• $REI was among the Top 5 Daily Gainers on ONUS and TokenInsight on Sep.8
• Exchange $REI against the backdrop of over 1300 diverse assets on StealthEX
• Join our upcoming live AMA session with StealthEX

A. Product Development Progress

REI-CORE

-Further refine the connection between various modules and services @30%

-Improve the stability and security of the network to facilitate validator upgrades @100%

-Investigate the compatibility and composability of zero-knowledge proofs of mainstream layer2 solutions @30%

REI-DAO

-Optimize the relevant fields in the validator list module to make the meaning clearer @20%

-The API/Miner interface has been optimized, and a layer of cache has been added between the front-end and the server to increase the loading speed of the validator list @50%.

B. Operational Progress

• It’s a pleasure to officially unveil that NerveNetwork has joined forces with REI Network as an official validator! As a network validator, Nerve has decided to return the node incentives back to the communities through liquidity staking on NerveFarm. Learn more: https://nervenetwork.medium.com/nervenetwork-joins-rei-network-as-a-graph-validator-c90d9482b208. A significant step forward for network security and governance.
• Bithumb announced the support for REI Network upgrades and hard fork. Details: https://cafe.bithumb.com/view/board-contents/1644105Deposits and withdrawals for $REI on Bithumb has been suspended approximately starting from 2023–09–08–09:00 (UTC).
• $REI was among the Top 5 Daily Gainers on ONUS on Sep.8. ONUS is the secure app to store, exchange, stake, and earn free Crypto with over 3.5M users. Impressive gains for $REI! Details: https://twitter.com/GXChainGlobal/status/1700034029993730296.
• Binance announced the support for REI Network upgrades and hard forks. Details: https://binance.com/en/support/announcement/binance-will-support-the-rei-network-rei-and-mobilecoin-mob-network-upgrades-hard-forks-b5cc95c82793491682814cad1d361cdd. Deposits and withdrawals for $REI was suspended approximately starting from 2023–09–11 01:00 (UTC).
• Now effortlessly exchange $REI against the backdrop of over 1300 diverse assets on StealthEX, further expanding the accessibility and liquidity of the token. Featured in StealthEX: https://stealthex.io/coin/rei-network/. Read more: https://link.medium.com/kqTC3uUbTCb.
• $REI was on Top gainers under Top 500 on TokenInsight on Sep 8 — TokenInsight is a trading data & quotation platform for cryptocurrencies and digital assets. Details: https://twitter.com/GXChainGlobal/status/1699995027563512186.
• AMA alert! Join our live AMA session with StealthEX and ask all your questions about our listings. Time: September 14th, 4 PM UTC, https://twitter.com/i/spaces/1MYGNglYLdLJw. Ask your Qs in the comments below, 3 best will share 3900 $REI. Don’t miss a chance to find out more about REI! Details: https://twitter.com/StealthEX_io/status/1700084725459640719.

Join the REI Network 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, REI Network 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 in participating in our community and receiving timely updates from the following official channels:

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

NerveNetwork Joined as Validator, Binance&Bithumb Supported Hard Fork was originally published in REI Network Project on Medium, where people are continuing the conversation by highlighting and responding to this story.