Reya Network: Liquidity generation event has been launched

ChainCatcher news, the modular L2 Reya Network announced on social media that it has launched a Liquidity Generation Event (LGE). Users can deposit funds into the Reya Network to support the network's launch before trading goes live, allowing them to accumulate XP, with earlier depositors receiving a long-term boost in XP accumulation rates.

According to the crypto data platform RootData, the parent company of Reya Network, Reya Labs, announced on March 26 that it has completed a $10 million financing round, with participation from Coinbase Ventures, Wintermute, Fabric Ventures, Framework Ventures, Brevan Howard Digital, Amber Group, and Robot Ventures.