REI DAO Proposal #6 was Passed, Partnership with Future space, XPLUS, and Payrave

REI Network

2 min readJan 24, 2023

Progress Report Jan 17-Jan 24

Key points:

REI DAO Proposal #6 #REI DAO HardFork: Slash Mechanism Optimization was passed
Strategic partnership with Future space, XPLUS, and Payrave
Connect 2023 — — REINetwork Raffle Tickets Airdrop is ongoing

A. Product Development Progress

REI-CORE

- BLS signature module introduced @testing

- The next round of hard fork upgrade content discussion and code preparation @in progress

REI-DAO

- Optimized the loading effect, and added a loading skeleton to the list page

B. Operational Progress

REI DAO Proposal #6: “REI DAO HardFork: Slash Mechanism Optimization” has successfully passed! In total 30M $REI was voted to support the proposal. Thanks for the support from the community.
Massive GleamGiveaway!! Connect 2023 — — REINetwork Raffle Tickets Airdrop. 10,000 $REI Prize pool Click the link to submit your entries NOW! https://gleam.io/competitions/FoHne-connect-2023rei-network-airdrop-event. Ending Jan 31. This is an opportunity not to be missed.

C. Ecosystem

Thrilled to announce REINetwork’s partnership with Future space! Future space is a Web3 credential data network. Based on an open and collaborative infrastructure, project space can help Web3 developers and projects build better products and communities. Buidl together!
Let’s meet our partner XPLUS. XPLUS is building the first SocialFi gateway, which empowers users to earn by monetizing social activities and building communities. REI Network’s excited to work with XPLUS to advance the future of Web3.
Introducing REI Network’s partner Payrave, a multi-chain web3 aggregator provides users a DeFi identity and offers them access to a suite of apps and tools. We’ll collaborate on new user acquisitions that help each other build their community and monetize social interactions.

Join the REI Network Community

REI Network 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, 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.

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