Reactive Network’s Unique Fee Model
Unlike many blockchains, Reactive burns all transaction fees and allows users to pay for transactions across 50+ chains all in $REACT.
🔹 Fees are only paid post-execution
🔹 No predefined gas price for RVM transactions
Optimized execution, efficient filtering, and smarter gas usage!
Bridge Restoration
Due to some technical issues we had to temporarily suspend our PRQ > REACT bridge yesterday, we're aware that some users had transactions pending at the time. We've restored the vast majority of token balances on Reactive Network yesterday, we'll address any remaining balances today and will be re-opening the bridge for testing at 10AM UTC. Apologies to everyone for the inconvenience.
Please note that we've also seen a massive uptick in scam and impersonation attempts due to the attention from yesterday's Mainnet Launch.
Please beware of impersonators posing as Reactive Network. Accounts on any of our social channels will never DM you. Please check our Linktree below to verify all of our official accounts.
https://t.co/JC2aSUkV1G
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
Reactive Network 101
With only 15 hours left until Mainnet we couldn't be more excited!
We know that Reactive Smart Contracts aren't an easy concept to get your head around however so we've put together this article to break things down.
Read more: https://t.co/uxE6BoT9Up
Reactive Network has $REACT TGE tomorrow! It will be interesting as it’s a similar model to the $HYPE launch.
Fully self funded development, no VC allocation, OG founders, and more than 60% of supply in the hands of community at launch.
At 40m MC now, let's see how this goes.
1/ This could be the most important upgrade to smart contracts since Ethereum launched in 2015.
A new network is about to change how dApps work forever. And almost nobody is talking about it.
Let me explain why @parsiq_net is a game-changer. 🧵👇
Centralized Exchange Update
Less than 24 hours remains until the launch of Reactive Network Mainnet and the $REACT token so we wanted to provide our community with the most up to date information on the status of each exchange.
In the attached graphics you can find out which exchanges will be:
1️⃣ Supporting the Migration on Day One - These exchanges have committed to automatically swapping users tokens from PRQ to REACT on day one.
2️⃣ Currently Reviewing Support for REACT - These exchanges have indicated they are monitoring the migration and will continue to provide full support for PRQ trading until a decision is made on support for REACT.
3️⃣ Supporting PRQ - These exchanges will continue to offer full support for PRQ and can migrate to REACT at their own discretion.
For more information on your available options at launch please refer to this post: https://t.co/ZKYCcr6Fpq
REACT Tokenomics and Staking
With only 2 days left until Mainnet Launch, today we're pulling back the curtain and revealing exactly how our network economy will operate:
1️⃣ Token Burn
2️⃣ Token Emissions
3️⃣ Network Epochs
4️⃣ Staking Terms and Rewards
https://t.co/tTrLHNMiUV
Interoperability is solved, but smart contracts lag...
The only @parsiq_net {Reactive Network} solving both
This can be the next big thing after $HYPE / 🧵
We are excited to announce our support for the mainnet launch of Reactive Network by @parsiq_net on the 5th of March - 9 AM UTC.
Stake Capital has been investing and actively involved in multiple aspects of the cypherpunk ethos—focusing on security, privacy, programmability, and trustless automation.
By investing in platforms that tackle key challenges in the blockchain ecosystem, Stake Capital supports the development of truly autonomous smart contracts and advancements in cross-chain interoperability, redefining how dApps operate.
🧵 Let's dive into the key features:
Game-Changer in the NFT Space!
The Dynamic NFT Royalty System powered by Reactive Network is HERE to revolutionize NFT royalties, cross-chain transactions, and creator earnings.
Here’s why YOU should be hyped about it! 👇
No More Royalty Loopholes
The current NFT market loses $1.8B in royalties annually due to inflexible smart contracts. Reactive Network’s Dynamic NFT Royalty System AUTOMATICALLY adjusts royalties in real-time, no matter the marketplace or chain.
Real-Time Royalty Adjustments
Market trends change, and so should your royalties! With Reactive Smart Contracts, royalties adjust dynamically based on market conditions. Your earnings stay up-to-date, transparent, and fair. 🔄
Cross-Chain NFT Magic ✨
Buy and sell NFTs across multiple chains seamlessly! Whether on Ethereum Sepolia or Reactive Kopli, the Dynamic Royalty System ensures cross-chain transactions and royalty enforcement without missing a beat.
More Revenue for Creators
Creators can now recover up to 40% more revenue through transparent, automated royalty calculations. Keep your tokens working for you across chains while ensuring you get paid fairly every time.
Streamlined Marketplace Compliance
For marketplaces, this system simplifies royalty enforcement and reduces operational costs. No more headaches with royalty disputes or manual tracking! 📉
Empowering NFT Creators & Collectors 💎
The Dynamic NFT Royalty System isn’t just for creators, it benefits buyers too, with reduced fees, clear provenance, and more equitable transactions. It’s a win-win for everyone in the ecosystem.
A New Era for NFTs
This system is setting a new standard for royalty enforcement, bringing scalable and forward-thinking solutions to the NFT world. The future of digital ownership is here, and it's transparent, fair, and cross-chain.
Get ready to experience the future of NFTs and royalties with Reactive Network!