The time has come. Reactive Network’s mainnet is officially launching on February 25, 2025, bringing the next evolution of smart contract automation to Web3. This launch represents a major milestone, completing the transition from PARSIQ (PRQ) to Reactive Network (REACT)—a move that introduces event-driven smart contracts, cross-chain automation, and AI-powered dApps.

Reactive’s testnet, Kopli, saw impressive adoption, processing over 2.7 million transactions and 1.19 million blocks while onboarding 437+ developers and launching 74+ dApps. Now, with the mainnet live, developers can begin deploying Reactive Smart Contracts, unlocking real-time automation, interoperability, and AI-driven applications that were previously impossible on traditional blockchains.

Alongside the mainnet launch, the PRQ-to-REACT token migration will begin, allowing all PRQ holders to swap their tokens at a 1:1 ratio.

Key Details of the Reactive Mainnet Launch

• Mainnet Launch Date: February 25, 2025
• PRQ-to-REACT Migration Begins: February 25, 2025 - This will remain open until further notice with no deadlines.
• Staking Program Starts: February 25, 2025
• Exchanges Supporting REACT Trading: Will be announced separately

CEX Support for Migration

A number of centralized exchanges (CEXes) will support the 1:1 PRQ-to-REACT migration, ensuring a smooth transition for users. However, each exchange will announce its migration timeline separately, as some may finalize the swap on day one while others follow their own internal processes. The absence of an immediate swap does not mean an exchange will not support migration—details will be provided as each CEX confirms its timeline.

Native REACT vs. Wrapped ERC-20 REACT

There will be two versions of the REACT token:

1. Native REACT (Mainnet Token) – This is the core utility token of Reactive Network’s mainnet and will be used for gas fees, validator staking, and event log processing fees. Since this is a native blockchain asset, it does not have a contract address like an ERC-20 token.
2. Wrapped REACT (ERC-20 Token) – To ensure accessibility and liquidity on Ethereum-based exchanges, a wrapped version of REACT (wREACT) will be available as an ERC-20 token. This allows seamless integration with Ethereum-based DeFi protocols and exchanges.

Wrapped REACT (ERC-20) Contract Address: 0x817162975186d4D53dBF5a7377dd45376e2D2fc5

Both versions of the token can be swapped through the official PRQ-to-REACT swap interface after mainnet launch.

PRQ to REACT Migration: How It Works

Swap Ratio & Process

• 1:1 Swap Ratio: Each PRQ token will convert into 1 REACT token.
• Self-Custody Wallet Migration: Users holding PRQ in private wallets can swap manually via the official PRQ-to-REACT swap interface starting February 25.
• Multi-Chain Support: The swap interface supports transfers for Ethereum (ERC-20) and BNB Chain (BEP-20) PRQ holders.

Staking REACT: How to Earn Rewards

REACT staking will be available at launch, allowing holders to secure the network and earn validator rewards. More details on staking, including APR, lock-up options, and program duration, will be provided soon.

Legacy BNB > ETH PRQ Swap 

In preparation for the launch of REACT and the new swap interface, our existing swap mechanism will no longer be supported as of Feb 18th, one week prior to launch date. Anyone holding PRQ on BNB chain however will be able to swap to REACT instead after mainnet launch on Feb 25th.

What is Reactive Network?

Reactive Network is the first event-driven execution layer designed for fully autonomous, on-chain smart contracts. Unlike traditional smart contracts that require manual execution or external triggers, Reactive Smart Contracts (RSCs) observe, process, and react to blockchain events in real-time.

This unlocks a new era of automation, interoperability, and AI-powered applications.

Key Features of Reactive Network:

• Event-Driven Reactive Smart Contracts – Fully on-chain "If-This-Then-That" logic
• Cross-Chain Automation – Seamless execution across multiple blockchains
• AI Integration – Native support for AI-driven dApps and automation
• High-Performance Execution (ReactVM) – Multi-threaded smart contract execution
• Deflationary Token Model – Gas fees & event log processing fees burned over time

Developers can start building now with our technical documentation.

FAQs: Your Migration Questions Answered

1) How can I swap PRQ for REACT?

• On exchanges: a full list of exchanges supporting the swap will be provided ahead of the mainnet launch. The process will be fully automated for users. 
• In self-custody wallets: Use the official swap interface to exchange $PRQ for native or wrapped $REACT. 

2) Can I swap back from REACT to PRQ?

Yes, the swap allows a two-way transfer to support exchange liquidity.

3) Is there a gas fee for swapping?

Yes, ETH or BNB gas fees apply when using the swap portal.

Join the Movement

The launch of Reactive Network’s mainnet and REACT token is just the beginning. This is your opportunity to be part of a revolutionary shift in blockchain automation.

• Start building with Reactive Smart Contracts – Docs
• Stay updated on ecosystem developments – Telegram, X (Twitter)

We’re just getting started. Join us, and let’s make it happen together.

About Reactive Network

The Reactive Network, pioneered by PARSIQ, ushers in a new wave of blockchain innovation through its Reactive Smart Contracts (RSCs). These advanced contracts can autonomously execute based on specific on-chain events, eliminating the need for off-chain computation and heralding a seamless cross-chain ecosystem vital for Web3’s growth. 

Central to this breakthrough is the Inversion of Control (IoC) framework, which redefines smart contracts and decentralized applications (DApps) by imbuing them with unparalleled autonomy, efficiency, and interactivity. By marrying RSCs with IoC, Reactive Network is setting the stage for a transformative blockchain era, characterized by enhanced interoperability and the robust, user-friendly foundation Web3 demands.

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