REI Network MEME Contest Ends, $GXS/$BNB Trading Pair Launched

Progress Report Dec.22-Dec.28

A. Staking Details

Total Staking Amount: 11273030.14197GXC

Total Votes: 40726682.02144

B. Product Development Progress

REI Network:

-Optimize the code structure of the consensus engine

-Optimize the code structure of the validator election

-Optimize the code structure of the safe exit

-Fix several issues for the current testnet, and release a new version

-Main code freeze @50% 

REI DAO:

-Optimize some components, add the ability to copy the node address

-Add the display of voting node addresses in the voting information window

-Postpone the time for nodes to modify commission rate

GXC Wallet:

-Optimize the logic of obtaining node detailed information

-Migration price acquisition, API acquired by asset list @80%

C. Operational Progress

  • Binance added $GXS/$BNB trading pair on 9:00 AM (UTC), Dec.24, 2021, and on which users are able to buy $GXS directly using a credit/debit card.
  • Evai.io, the world’s first unbiased AI and ML-driven Crypto Ratings Platform recognized various indications which may suggest GXChain($GXC) is well-worth an investment, and Evai.io rated GXChain($GXC) as A3 projects. The projects also achieved this rating level was $LUNA and $OKB.
  • Entries submission for REINetwork MEME Contest has been successfully closed, a ton of creative REI-themed MEMES were created during the contest. We've chosen the best works based on likes, originality, and creativity. Thanks to the passion of our community, the rewards have been distributed.
  • According to the CCID's Global Public Chain Technology Assessment Index(XXVII), GXChain is currently ranked sixth among the global public chains, thanks to CCID for attention and trust.
  • WazirX, the largest exchange in India launched the $GXC/$INR trading pair last week, and the Southeast Asian market of GXChain has further expanded.

E. GXChain Ecosystem

  • On December 25, the GXC airdrop has been distributed to those holding the private customized version of the NFT issued by the FLY node. The coin-standard APY is expected to be 12%.
  • On January 1, 2022, an airdrop will be distributed to users participating in the FLY node staking. Besides, on New Year's Day, the FLY node community will start a red envelope rain to welcome the New Year. If you vote for the FLY node, please contact ned7095249 to join the group.

Join the GXChain Community

GXChain 2.0 is an EVM-compatible public blockchain. As an Ethereum para chain, it owns the features of lightweight, free and dev-friendly. GXChain 2.0 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 GXC 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

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