Reya Network has launched liquidity generation activities

2024-04-23 10:33:48BlockBeatsShare to:

According to BlockBeats, on April 23, the modular L2 Reya Network stated on the social platform that it has launched a liquidity generation event (LGE). Users can deposit funds to the Reya Network to support the launch of the network before the transaction goes online, accumulate XP, and those who deposit earlier will receive a long-term increase in the XP accumulation rate. As previously reported, on March 26, Reya Network's parent company Reya Labs announced the completion of a $10 million financing round, with participation from Coinbase Ventures, Wintermute, Fabric Ventures, Framework Ventures, Brevan Howard Digital, Amber Group and Robot Ventures. The new funds will be used to drive its liquidity generation event (LGE) in April. Reya Network is committed to creating liquidity, capital efficiency and performance for DeFi traders and liquidity providers, and the first DEX on the network, Reya Perps DEX, is about to be launched.

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