BM, EOS founder: when I designed REX, I didn't expect there would be such a huge demand for REX

According to BlockBeats news, BM, founder of EOS, mentioned in his article "reimagine EOS resource allocation" that he did not expect REX to have such a large demand.

In designing the REX, the logic of the algorithm was that the REX price would approach infinity as the available supply of EOS approached 0, according to BM.

Recently, however, there have been some issues with EOS, and REX is now in a situation where it can't rent EOS at any price, as those who rent EOS will take it back at will. According to our previous expectations, we never expected REX to have such a volume of demand.

REX is the official EOS designed resource leasing exchange in which users rent or borrow EOS collateral for resource use. However, since EIDOS began airdrop on November 1, the CPU resources in EOS have exploded in popularity and now remain at 10 EOS/ms, making it difficult for ordinary users to make multiple transfers.

In reimagining EOS resource allocation, BM proposed Suggestions in the hope of stabilizing CPU prices, reducing CPU rental costs, and making EOS network more user-friendly and practical.

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