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Modular L2 project Reya Network announces that liquidity generation activity is now live
2024-04-23 03:12
Odaily News Modular L2 project Reya Network announced the launch of the Liquidity Generation Activity (LGE) on the X platform. Users can pledge funds to Reya Network to support the launch of the network before trading goes online and accumulate XP. Early deposit users will receive a long-term bonus on the XP accumulation rate. Earlier in March, Reya Labs, the development company of the modular L2 project Reya Network, announced the completion of a $10 million financing, with participation from Coinbase Ventures, Wintermute, Fabric Ventures, Framework Ventures, Brevan Howard Digital, Amber Group, and Robot Ventures. Reya Network mainly creates liquidity, capital efficiency, and performance for DeFi traders and liquidity providers. The new funds will be used to promote its launch of the Liquidity Generation Activity (LGE) in April.