DREP Monthly Report 2.1–2.28| DREP 2.0 Product Line to Be Unveiled by the End of March
Dear DREPers,
In February, the DREP team focused on the development of DREP ecosystem.
In terms of technical products, DREP will officially introduce the DREP 2.0 product line and release a detailed roadmap by the end of March. As DREP’s infrastructure, the DREP public chain has been further developed. The dynamic adjustment of the nodes in DREP public chain has been further optimized. Meanwhile, the optimization of unit test has been achieved. In addition, the team has been working on the design and development of the evaluation of nodes’ block generation quality and weights, to further enhance the stability of block generation. The DREP Explorer optimized its DOM structure (Document Object Module), and developed the configuration of static resource compression and transmission to further improve the browsing speed.
In terms of the ecosystem, on February 25, DREP co-founders Xiaolong Xu and Momo Chang conducted a DREP 2.0 themed AMA in the DREP community, answering questions from community members about the DREP 2.0 product line, and announced the deadlines for unveiling detailed information regarding this upgrade. In addition, following its official launch in December and its initial mining, Tenet, the DeFi product incubated by DREP Signal Labs, officially got listed for its TEN token on Coinone, one of the biggest exchanges in South Korea on February 2, with KRW trading pair. For several days shortly after its launch, TEN ranked the highest for percentage gain on Coinone. In view of Tenet’s outstanding performance in the Korean communities, on February 16, Tenet and its new strategic partner DVP Network jointly organized Tenet’s first Korean AMA. Tenet CTO Steve Thung introduced the project features and details regarding the partnership, and received great responses from the community. In addition, Tenet has also established a new partnership with Berry Data, an oracle based on the Binance Smart Chain, and the BRY token liquidity tap has been officially launched on Tenet on February 22.
Technology
In terms of technical products, DREP will officially introduce the DREP 2.0 product line and release a detailed roadmap by the end of March. As DREP’s infrastructure, the DREP public chain has been further developed. The dynamic adjustment of the nodes in DREP public chain has been further optimized. Meanwhile, the optimization of unit test has been achieved. In addition, the team has been working on the design and development of the evaluation of nodes’ block generation quality and weights, to further enhance the stability of block generation. The DREP Explorer optimized its DOM structure (Document Object Module), and developed the configuration of static resource compression and transmission to further improve the browsing speed.
Public Chain Development
1. The unit test and the dynamic adjustment of nodes in DREP public chain have been further optimized.
2. The team has been working on the design and development of the evaluation of nodes’ block generation quality and weights, to further enhance the stability of block generation.
DREP Products Development
DREP Blockchain Explorer
1. Optimized the DOM structure
2. Developed static resource compression transmission
Ecosystem
In terms of the ecosystem, on February 25, DREP co-founders Xiaolong Xu and Momo Chang conducted a DREP 2.0 themed AMA in the DREP community, answering questions from community members about the DREP 2.0 product line, and announced the deadlines for unveiling detailed information regarding this upgrade. In addition, following its official launch in December and its initial mining, Tenet, the DeFi product incubated by DREP Signal Labs, officially got listed for its TEN token on Coinone, one of the biggest exchanges in South Korea on February 2, with KRW trading pair. For several days shortly after its launch, TEN ranked the highest for percentage gain on Coinone. In view of Tenet’s outstanding performance in the Korean communities, on February 16, Tenet and its new strategic partner DVP Network jointly organized Tenet’s first Korean AMA. Tenet CTO Steve Thung introduced the project features and details regarding the partnership, and received great responses from the community. In addition, Tenet has also established a new partnership with Berry Data, an oracle based on the Binance Smart Chain, and the BRY token liquidity tap has been officially launched on Tenet on February 22.
Co-founders of DREP Hosted the DREP 2.0 Themed AMA
On February 25, DREP co-founders Xiaolong Xu and Momo Chang conducted a DREP 2.0 themed AMA in the DREP community, answering questions from community members about the DREP 2.0 product line, and announced the deadlines for unveiling detailed information regarding this upgrade. The AMA revealed that DREP 2.0 will be a Layer-2 based DeFi protocol aiming at reducing the high cost of on-chain operations. In addition, DREP 2.0 plans to launch on Binance Smart Chain to make full use of its numerous advantages to provide better experience for the community. DREP 2.0 plans to establish partnerships with more exchanges to launch more staking programs; at the same time, more practical consumption scenarios will be created for DREP token. There will embedded consume&burn scenarios as well as buyback programs according to different development stages. The details regarding DREP 2.0 product line and the roadmap will be officially released by the end of March. Please stay tuned!
TEN Officially Listed on Coinone; Tenet Holds the First Korean AMA
Following its official launch in December and its initial mining, Tenet, the DeFi product incubated by DREP Signal Labs, officially got listed for its TEN token on Coinone, one of the biggest exchanges in South Korea, with the KRW trading pair on February 2. For several days shortly after its launch, TEN ranked the highest for percentage gain on Coinone. In view of Tenet’s outstanding performance in the Korean community, on February 16, Tenet and its strategic partner DVP Network jointly organized the project’s first Korean AMA in the DVP Kakaotalk community. Tenet CTO Steve Thung attended as the guest and answered questions about the features of Tenet, liquidity taps, the goals of the partnership with DVP, and the utilities of TEN token. The AMA also gave out TEN rewards worth 100 USD and received warm response from the participants.
Tenet Partners with Berry Data to Launch the BRY Liquidity Tap
Tenet has recently established a partnership with Berry Data, an oracle based on Binance Smart Chain. The liquidity tap for BRY token has officially launched on Tenet on February 22, opening for liquidity mining. The mining will be open until 5 pm on March 3 (SGT). Following this partnership, Tenet will continue to establish partnerships with more high-quality projects to provide users with more opportunities for gaining rewards.
The above is the DREP team’s monthly report for February 2021. DREP will keep up the good work and follow the planned roadmap to further advance DREP’s technical and ecological development, achieving more ground-breaking applications. Thanks to the members of the DREP community for their attention and support!
