The EOS Network emits a fixed percentage of the out of circulation supply of EOS to various entities (miners, foundations, staking rewards, etc.) on the network constantly. The network has a built-in mechanism to distribute these rewards to the stakers of EOS. The staking rewards are distributed to the stakers of EOS in the form of REX tokens.
REX tokens are a representation of the amount of EOS that a user has staked on the network. REX tokens cannot be transferred to other users, but they can be sold back to the network for EOS.
As the network rewards are distributed to the REX staking pool, the price of REX tokens increases. This means that the