📢📢News from the blockchain industry is here! Reya Labs, the developer of the modular L2 project Reya Network, recently published a post on the X platform revealing that the Trading Event originally scheduled to be released at 20:00 today will be postponed. 😮😮
What is the reason? It turned out that during the final test before the launch of Reya DEX, the team found an error in a key process. Although this delay has disappointed everyone, Reya Labs is determined not to promote measures that cannot pass the test. This rigorous attitude deserves our praise! 👍👍
However, don't worry, the Liquidity Generation Event (LGE) will still end as scheduled. Moreover, when the trading event is released, users will be able to start collecting 60% of the transaction fees, which is great news! 🎉🎉
In addition, Reya Labs also revealed that Reya Network's incentive mechanism is designed to reward project contributors in a fair way, covering three core concepts: Seasons, Ranks and XP. Users who are currently in the Season OG stage can participate in three activities: trading, network staking, and recommendation to obtain XP; while Ranks operates through ranking announcement events (RRE) and weekly ranking events. 🎯🎯
Let us look forward to the upcoming launch of Reya DEX and more new developments in the blockchain industry! 🚀🚀