EOS New York
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EOS New York

The Ultimate Guide to REX Participation on EOS:

The What, Why, How, and Where for the Average EOS Token-Holder. Buy & Sell REX in 3 Easy Steps.


When REX?

The final step to deploy REX is likely to be proposed as early as 29 April 2019 and approved within the week. This guide will tell you all you need to know to participate in REX safely and smartly.

What is REX?

REX is short for “Resource Exchange” and is a novel creation first officially proposed by Block.One on August 8, 2018. It is a marketplace created within the EOS blockchain that allows for the risk-free leasing of network resources (CPU & Network)

Why Do We Want REX?

REX was originally proposed at a time when EOS was experiencing a high degree of congestion which affected the ability for the average user to transact successfully on-chain. Just as important, large decentralized applications (dApps) were voicing concerns over the rising cost and increasing scarcity of resources required to run their dApp.

Why should token-holders care? Because REX will pay token-holders to care.

How Rex Works

As REX is a resource exchange system, it shares similarities with the Chintai platform. Specifically, the ability to borrow resources or lend available ones and receive a return. Contrary to Chintai, REX only allows 30 day loan terms but benefits from the ability to keep a user’s votes and retain full custody of their EOS. REX returns are based on the demand for network resources, that can be supplemented by fees from name bids and ram trading.

REX Participation Requirements & rexcoreproxy

To be eligible to buy REX, a user must be voting for at least 21 block producers or delegating their vote to a proxy. Users can quickly delegate that responsibility to rexcoreproxy; A proxy run by EOS New York and EOS Titan, two block producers that have been actively involved in EOS since before launch. For more information on rexcoreproxy visit the proxy portal here or read the announcement post here.

REX Pricing

The price of REX is affected by the demand of the resources and any additional system fees funneled to REX.

  1. A developer takes out a loan of 100 EOS worth of resources and pays a fee of 5 EOS tokens.
  2. Total lent will increase by 100, total unlent will decrease 100 plus the 5 EOS fee.
  3. New REX price is (100+5)/100 = 1.05 EOS

REX Strategy

It is not possible to receive less EOS upon selling REX tokens than the amount of EOS a user started with. So, the strategy is simple, the earlier a user stakes to REX the better. Remember, once a user has purchased REX tokens they will want to move all of their REX to their “REX savings” which is the same as staking EOS tokens for the sake of security (if the goal is long-term holding)

Where Can I Buy & Sell REX?

We have reviewed nearly half a dozen REX interfaces and are happy to present our recommendations for the easiest and most intuitive of the bunch.


Link Here: https://eostitan.com/rex

Selling REX (Once matured)

Once a user’s REX has matured they are eligible to be sold. It’s very easy to do this.

  • View REX Maturities Status (Matures Fully In ~4 Days)
  • Start New Loan/ Borrow EOS
  • View Trading Charts/ Account balances
  • Automate Loan Renewal
  • Fund REX Savings
  • View Action History

Other recommended REX interfaces

Most of all other REX user interfaces have the functionality available that the average token-holder would need. Once you understand the steps above, a user should be able to use every UI listed below.

TokenPocket (Mobile & Desktop)

Link Here: https://rex.tokenpocket.pro/#/

TokenPocket is a leading mobile wallet across the world which comes highly recommended. TokenPocket also has a desktop interface which has integrated Transit API for easy login and is featured below. To access the mobile version, download their app from links on their website.


Link Here: https://bloks.io/rex

EOS Cafe Block and HKEOS built one of our favorite block explorer, Bloks.io. Bloks will feature an estimated rate of return calculator along with other necessary features plus a wallet, permission management, and more, also available on Bloks.

EOS Authority:

Link Here: https://eosauthority.com/rex

The EOS Authority site is incredibly useful and includes a simple REX tool. They also maintain total REX statistics here as well.


Chintai Team, is to token leasing and resource leasing as Bancor is to token exchange and liquidity. Chintai’s development is lead by EOS42.

EOS Inbox

Link Here: https://eosinbox.io/

EOS Inbox takes a novel approach to the block explorer, designing it similarly to how one’s e-mail interface looks.


Link Here: https://eosdaq.com

EOSDAQ runs a decentralized exchange on EOS so their REX interface will look and feel quite similar to that.


Link Here: https://eosrex.io/

EOSREX.IO has built a dedicated website to host their interface. It was built by EOS Lab and EOS Socal, the BP candidate.



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