Progress Report Dec.15-Dec.21

A. Staking Details

Total Staking Amount: 10420406.88040GXC

Total Votes: 38925301.22006

B. Product Development Progress

REI Network:

-Connected to the cluster to improve node performance

-System contract performance test & optimization

-Fix a synchronization issue of clique consensus

-Optimize the code structure of the consensus engine

-Optimize the code structure of the validator election

-Optimize the code structure of the safe exit

REI DAO:

-Optimize node content loading, add loading reminder

-Add the display of nodes that have already been voted

GXC Wallet:

-Optimize the price acquisition mechanism

-Optimized asset list loading logic

C. Operational Progress

• REI Network announced the 150 million $REI Growth Fund for Ecosystem Building on Dec. 16, which was reported by well-known blockchain media TheBitcoinNews and BitcoinInsider: https://thebitcoinnews.com/join-reicosystem-and-share-150000000- rei-grants/, as well as South Korea’s top blockchain media Coinness, CoinReaders and Gukje News, YeongNam, SisaMagazine, IDSN, etc.

• WazirX, the largest crypto exchange in India, has launched the $GXC/ $INR trading pair. Start trading here: https://wazirx.com/exchange/GXS-INR.

• The advanced crypto exchange HitBtc has launched the $GXC/$USDT & $GXC/$Bitcoin trading pair last week, start trading here: https://hitbtc.com/gxc-to-usdt, https://hitbtc.com/btc-to-usdt. HitBtc is a world-renowned crypto currency exchange since 2013, and supports over 300+ cryptocurrencies.

• REI Network released the "FAQ: From GXChain to REI Network", answering questions about the core points of upgrading, why the name was changed, why the split, the new token economic model, how to understand the ecosystem grants for community. More details: https://mirror.xyz/0xeaF9A6B15cE49DeAE7Fd8949D3B50B87Bf6AACcc/agqhGbSSjNnUXknIE-CAqjl97BPrX7fKWfLtCZBZDcIIE-CAqjl97BPrX7fKWfLtCZBZDcI

D. Brand Progress

• Blockchain media CoinPost, PANews, ChainCatcher, and ZOMBIT reported on the 150 million $REI Growth Fund for REIcosystem building on Dec. 16.

E. GXChain Ecosystem

• On December 25, GXC airdrop will be distributed to who holding the private customized version of the NFT issued by the FLY node. The coin-standard APY is expected to be 12%. Those who are interested in this NFT can communicate with Ned, the head of the FLY node.
• GXC-FLY node have distributed GXC airdrop on December 15 for the New Year and Anniversary series NFTs issued by FLY node, the total amount of the airdrop is 200 GXC. There are 23 addresses that meet the airdrop requirments, and each NFT corresponds to an airdrop of 8.69 GXC, the NFT's APY is as high as 94.8% (counted based on the last recent auction transaction price).

Join the REI Network Community

REI Network 2.0 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 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