$REI What is REI Network?
REI Network is an upgraded version of GXChain, which was released in December 2021. It is a “lightweight” development aid that can support network changes, blockchain development trends, and the development of on-chain decentralized applications and ecosystems such as Metaverse, GameFi, and decentralized finance (DeFi), which have increased in popularity recently. ” and also “free”. Additionally, the REI network has successfully achieved a new technical architecture that is lightweight, EVM compatible, and offers high-performance and low-cost blockchain. ETH compatibility and zero-cost features allow the network to be developed by developers. It has made it an easy and trouble-free platform for carrying and creating DeFi projects. What are the Usage Areas of REI Token? In many transactions to be made on the REI Network, REI Coin, the native token of the platform, is needed in many areas. While REI Coin owners are involved in REI governance, It conveys opinions on different issues. The purpose of the project is to provide solutions to data problems on the internet with the methods and facilities developed in the REI Network. REI is used in the fees of exchange transactions made on the platform, in the farm and in staking transactions. Users can use synthetic resources here to purchase leverage assets on the platform. They can buy zUSD with dollars. zUSD has the ability to be converted into USDT earnings by staking in farms.
Users can also exchange tokens supported by ETH, Polygon, BNB networks between assets in traditional markets. Especially with the maturation of artificial intelligence (AI) Internet of Things (IoT) 5G Metaverse technologies, the advent of the big data era has increased the production and processing capabilities of the REI project. REI The project is used to develop a robust data economy for storage, analysis, data collection, and exchange over traditional Internet schemas.$HBAR $ALGO