DREP Bi-Weekly Report 11.1–11.15 | DREP Mainnet 2.0 gains progress, Defi product Tenet developed by DREP Signal Labs will be launched soon

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Dear DREPers:

In the first half of November, DREP focused on the technical products of DREP.

In terms of technical products, DREP public chain is designing calculating model for reputation values. Block generation of super nodes is going on according to reputation value proportion. Reputation value includes staking amount, voting amount and stability. DREP explorer continues optimizing block query operations to deliver query results to users and developers faster.

In terms of ecosystem, DREP received recognition as a superior and promising digital currency asset. According to Crypto Differ, DREP was ranked by LunarCRUSH GALAXY score as the TOP 15 coins twice, ranking at 8. Besides, the Defi product Tenet developed by DREP Signal Labs will be officially launched within this month. DREP will be the first project launched on Tenet, and DREP Token Holder will have the privilege to mine Ten reward first during the initial launch phase. We believe that by connecting the ecosystem together, DREP Chain and Tenet protocol will enrich each other and add important value to the economy.

Technology

In terms of technical products, DREP public chain is designing calculating model for reputation values. Block generation of super nodes is going on according to reputation value proportion. Reputation value includes staking amount, voting amount and stability. DREP explorer continues optimizing block query operations to deliver query results to users and developers faster.

Public chain development

  • Designing calculating model for reputation values
  • Generating blocks by super nodes according to reputation value proportion

*Reputation value includes staking amount, voting amount and stability.

Development of the DREP product line

DREP explorer

  • Optimizing block query operations to deliver query results to users and developers faster.

Ecosystem

In terms of ecosystem, DREP received recognition as a superior and promising digital currency asset. According to Crypto Differ, DREP was ranked by LunarCRUSH GALAXY score as the TOP 15 coins twice, ranking at 8. Besides, the Defi product Tenet developed by DREP Signal Labs will be officially launched within this month. DREP will be the first project launched on Tenet, and DREP Token Holder will have the privilege to mine Ten reward first during the initial launch phase. We believe that by connecting the ecosystem together, DREP Chain and Tenet protocol will enrich each other and add important value to the economy.

DREP was ranked by LunarCRUSH GALAXY score as the TOP 15 coins

According to Crypto Differ, DREP was ranked by LunarCRUSH GALAXY score as the TOP 15 coins twice, ranking at 8. Galaxy Score is a proprietary score that is constantly measuring crypto against itself with respect to the community metrics pulled in from across the web. DREP received recognition as a superior and promising digital currency asset through this rank. Looking forward, DREP will continue to offer decent rewards to the community and improve its technical products. Support DREP, be a winner!

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Defi product Tenet developed by DREP Signal Labs will be launched within this month

In June 2020, members of DREP Signal Labs began exploring sustainability and broader application scenarios of Automated Market Maker (AMM) to replace transaction matching in order book, so as to make roles and responsibilities of liquidity providers more refined and make this process smarter. What’s more, in this way, benefits allocation would become fairer. With the goal to develop a Defi product for all in mind, the members of DREP Signal Labs improved AMM platform Layer 2 facilities, starting the product research and development of Tenet. Tenet Version 1 Official Version will be officially launched within this November. DREP will be the first project launched on Tenet, and DREP Token Holder will have the privilege to mine Ten reward first during the initial launch phase. We believe that by connecting the ecosystem together, DREP Chain and Tenet protocol will enrich each other and add important value to the economy.

The above is the DREP team’s first bi-weekly report for November 2020, and DREP will continue to work hard to further advance DREP’s technical and ecological development according to the planned roadmap to achieve more ground-breaking applications. Thanks to the members of the DREP community for their attention and support!

DREP is a decentralized reputation ecosystem based on blockchain technology which empowers various Internet platforms to quantify and monetize reputation value.

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