🚀 Launch of DREP Chain Testnet Pheme 🚀Airdrops Incoming

Dear DREP Community,

We are thrilled to announce a significant milestone in the journey of our enhanced DREP Chain — the launch of our private Testnet Pheme! This marks a crucial step towards a public blockchain designed for creators and innovators with a goal to deliver an optimised equilibrium of performance, decentralisation, scalability, security and interoperability.

Hop onboard to explore https://explore-testnet.drep.org/

🌐 What is DREP Chain?

Layer 1 DREP Chain features a next-gen smart contract platform that has an enhanced BFT consensus protocol which allows transactions on DREP Chain to be faster, more secure and cheaper.

Together with DREP’s reputation protocol, DREP Chain aims to build a foundational layer infrastructure for Web3 personalisation, enabling developers and users to create, develop and leverage on-chain reputation for more meaningful and tailor-made dApp and platform experiences.

🚀 Key Features of Enhanced DREP Chain

• Deflationary tokenomics to be implemented for upcoming Mainnet with 20% of transaction fees to be burnt
• High throughput, low latency and low costs to facilitate Meme coin projects
• Reputation protocol to support user reputation verification and user experience customizations
• Developer-friendly environment with 100% EVM compatibility

💡 Why Testnet Pheme?

Pheme was the Greek Goddess of fame and renown. Testnet Pheme release features the newly enhanced DREP Chain and sets the stage for a revamped DREP reputation protocol. The testnet is a crucial phase in our development process, allowing us to gather valuable feedback from the community and developers.

🤝 How You Can Get Involved

Get free faucet tokens for testing and developing your dApps today!

Please refer to the following link for instructions: https://drep-foundation.medium.com/46b434337cf4

🎉 Meme Coin Airdrop for DREP Community

Get ready for some meme-orable moments because we are thrilled to announce our upcoming first Meme Coin airdrop that will be conducted with the release of the DREP Chain Mainnet (scheduled for Q3 2024) to reward our amazing community! More information about the airdrop, burn and staking program will be announced as we stride towards the Mainnet release.

📅 Save the Date

Testnet Pheme is set to go live today. Stay tuned for more details on the exciting reward program for community members to preview the technology and help us with the testing phase.

🌐 Connect with Us

Thank you for being part of the DREP community. Together, let’s jointly contribute to the crypto economy in the most sustainable manner!

DREP is committed towards building Web 3.0 connectors and toolkits based on blockchain technology, providing solutions that combine ease of use, flexibility and frictionless integration.

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