#REI DAO# 1 Proposal #About REI Network Node Campaign

REI Network will officially undertake the mission of GXChain and start a new journey as major crypto exchanges have completed the $GXC - $REI 1:10 redenomination plan.

The REI Network ecosystem has not been fully promoted for the time being when taking the security and stability of REI Network into consideration. Therefore, the promotion of Super Nodes is closely related to the progress of the later ecosystem development of REI Network.

REI DAO Proposal #1 aims to accelerate the Community Node Election and Super Node Campaign process, and realize the decentralized operation of REI Network under the premise of ensuring the safety and stability of the REI Network, thereby promoting the prosperity and development of the on-chain ecosystem.

The proposal will include the admittance to super nodes, rules for recruiting super nodes, node setting method, reward details. Team REI Network will use the 250 million $REI from the Foundation for the ecosystem fund, of which 50 million are used for node rewards, which will be released in five years, that is, the foundation will release 10 million $REI each year to reward super nodes.

Welcome nodes with lofty ideals from communities to participate in the node campaign in strict accordance with the requirements, and jointly build a prosperous ecosystem!

All details of our proposal can be found here: https://forum.rei.network/t/rei-dao-1-proposal-about-rei-network-node-campaign/60