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parsiq_net

Reactive Mainnet is Live!

After a successful Testnet with well over 4M transactions, 200M origin events processed and dozens of innovative dApps and use cases devised, we've finally reached the day to launch the Reactive Network Mainnet!

From day one Reactive Network will support as both origin and destination chains:

1️⃣ Ethereum Mainnet
2️⃣ Avalanche C-Chain
3️⃣ Base Chain
4️⃣ Binance Smart Chain
5️⃣ Polygon PoS

With more on the way!

REACT Token - However Mainnet wouldn't function without it's most core component the REACT token, which also goes into circulation today and serves multiple purposes within the Reactive Network ecosystem:

Gas Fees: Pay for transactions on the network.
Event Log Processing: Consumed as fees when executing Reactive Smart Contracts.
Token Burn: Fees are burned, fueling the potential for a future deflationary model.
Staking: Help to secure the network and earn rewards.

Token Portal - Today we're also launching our Token Portal which will allow users to swap their $PRQ for $REACT and vice versa. As Reactive Network is based upon a Proof of Stake consensus mechanism staking will be available from day one, beginning with delegated staking which will also be done via our Token Portal here: https://t.co/fusjjSHdx5

Staking Terms - In response to our user feedback we've also adjusted our initial staking term from 6 months to 3 months.

See our Staking Guide for full details on staking: https://t.co/tTrLHNMiUV

More Questions?

We've put together an FAQ to address the most common questions users may have: https://t.co/LMQG1whFm4

All You Need to Know in 10s
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