Weekly Report Nov 12-Nov 19
Key points:
- Megafin joins forces with REI Network
- Stake NVT-REI LP to earn up to 119% APR on NerveNetwork and Nabox
- Winner list of Co-giveaway with JarvisBot announced
- REI Network Foundation has unstaked its early-stage Voting Support from Super Validators
A. Product Development Progress
REI-Core
-Reduce off-chain operating costs and focus on on-chain ecosystem innovation to enhance community experience @30%
-Optimize the network ecosystem development environment to provide stronger support for the development of the booming desci and RWA new tracks @50%
REI-DAO
-REI Network Foundation has unstaked its early-stage Voting Support from Super Validators, the community validator election will be fairer and more inclusive @100%
-REI Network flexibly adjusts the staking and reward mechanism to provide more options for developers and users @20%
B. Operational Progress
- REI Network Foundation has unstaked its early-stage Voting Support from Super Validators. From now on, validator rankings in REI DAO will largely be determined by community votes, with the top 21 “Super Validators” elected to validate blocks, earning staking rewards and transaction fees. Details x.com.
- Winner list of Massive Airdrops with JarvisBot has been announced. The rewards will soon be distributed. Details: x.com.
- Live farms on NerveSwap, you can stake and earn APR. NVT-REI LP to earn REI — 117%. Entrance: https://nerve.network/farm. Details: x.com.
C. Ecosystem
- We’re thrilled to announce a strategic collaboration between REI Network and Megafin! Megafin is the first DePIN project built on Superchain. This partnership empowers developers with low-cost development, rapid app migration, paving the way for more powerful DeFi, GameFi, and NFT experiences. Details: x.com.
Join the REI Network Community
REI Network is an EVM-compatible public blockchain. As an Ethereum para chain, it owns features that are 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.