REI Network REI

1. Summary

Ranks

Liquidity

92

Developer

-

Social

97

Momentum (beta)

98

Stack Rank™

-

Price

$0.05 +3.1%

Market Cap

$50.23M (#586)

Supply

968.81M / 1.00B

Tags

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Price
52W High price	$0.32
52W High date	29th Mar 2024 (3 months ago)
All Time High (ATH) Date	29th Mar 2024 (3 months ago)
ATH Price	$0.35
% From ATH	-68.4%
All Time Low (ATL) Date	9th Nov 2022 (1 year ago)
ATL Price	$0.02
% From ATL	484.97%

Supply & Trading Volume
Trading Volume (24h)	$3.37M
Total Supply	1.00B
Max Supply	1.00B
Circulating Supply	968.81M

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Description

REI Network is a blockchain project that aims to provide a lightweight, Ethereum-compatible, higher performance, and no-fee blockchain framework. Developed as an upgraded version of GXChain, this network aims to better adapt to the blockchain development trend. It features a decentralized governance community called REI DAO, which manages the netwo...

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REI Network is a blockchain project that aims to provide a lightweight, Ethereum-compatible, higher performance, and no-fee blockchain framework. Developed as an upgraded version of GXChain, this network aims to better adapt to the blockchain development trend. It features a decentralized governance community called REI DAO, which manages the network through voting and fund allocation to projects. REI is the native token of the project, used for paying gas fees, governance, and staking to validate the network.

Key Features

• Lightweight & Ethereum-Compatible: The framework is specifically designed for seamless integration with the Ethereum ecosystem, allowing users to maintain a similar experience while supporting DeFi, Stablecoin, or exchange applications.

• High Performance: It achieves an average block time of 3 seconds and a TPS of 3000+, ensuring fast transactions without compromising on decentralization.

• No Fees: The network operates with nearly zero fees through its staking and resource management mechanism. This allows users to complete on-chain transactions with minimal costs.

• REI DAO & Governance: The REI token plays a central role in governance, enabling holders to vote and participate in community decision-making processes.

• Development Ecosystem: The platform supports a broad range of use cases, including DeFi, GameFi, NFT, and other applications that leverage the Ethereum Virtual Machine (EVM) compatibility.

• Modular Architecture: REI Network incorporates various components, such as the REI DAO, the Delegated Proof-of-Stake (DPoS)+BFT consensus algorithm, and system contracts that can be soft-forked and upgraded.

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