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REI Network (REI) Coin serves as the native cryptocurrency on the Zerogoki platform, where it is used to generate leverage tokens. REI Network itself is an upgraded version of GXChain, launched in December 2021. This public platform features “light” and “free” characteristics, supporting various network changes, blockchain development trends, and the growth of on-chain decentralized applications and ecosystems, such as Metaverse, GameFi, and decentralized finance (DeFi), which have recently gained popularity.
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What Makes It Different?
The REI Network is known for its lightweight, EVM compatibility, high performance, and low-cost blockchain, making it easily accessible and seamless for developers to migrate and build DeFi projects. The platform has also gained Ethereum compatibility and zero cost features, enhancing its appeal to developers.
Rei Coin
REI Coin, the native token of the REI Network, plays a significant role in multiple areas of platform usage. Holders of REI Coin have the privilege to participate in REI governance and express their views on various issues. Moreover, the project aims to address data-related problems on the internet through the solutions developed on the REI Network.
What are the REI Token Usage Areas?
The token is utilized for trading fees, staking, and farming on the platform. Additionally, users can acquire zUSD, the synthetic dollar, to purchase leveraged assets on the platform, which can be converted into USDT earnings by staking on farms. The network also facilitates trading between tokens supported by ETH, Polygon, BNB networks, and assets in traditional markets.
The maturation of technologies like artificial intelligence (AI), Internet of Things (IoT), 5G, and Metaverse has amplified the capabilities of the REI project, contributing to the development of the data economy, encompassing internet schemas, storage, analysis, data collection, and exchange.
The REI Token, being the native crypto token of the REI Network, serves various purposes, including gas fees for network transactions and a Validator Pledge token to ensure network security. Holders of REI token have voting rights and play an essential role in ensuring the stability, secure operation, and ecological growth of the network.
Market Information
REI Network enjoys support from major exchanges like Binance, Huobi, and Gate.io, and as of the most recent data, the maximum supply of REI is not specified, the total supply is 1,000,000,000 REI, and the circulating supply is 950,000,000 REI, with a market cap of $29.59M.
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