REI Network (formerly CXChain) was developed to better adapt to the development trend of the blockchain, and to achieve a lightweight, Ethereum compatible, higher performance, and no fee blockchain framework. GXChain (GXC) was converted into REI Network (REI) at a ratio of 1:10 after the $GXC-$REI Token Swap.
REI is the native token of the project. The current use cases for REI include:
- Pay gas fee: REI can be used to pay gas fee for processing and verifying the transaction.
- Governance: REI token holders can vote and participate in governance of REI DAO.
- Stake to become a validator: REI can be used as a pledge token for nodes who want to become a validator of REI Network.
