StableNet will launch a testnet in early December and will be fully airdropping

Introduction

In the wave of multi-rollup and ZK technologies, Lumoz has launched a StableNet Layer 2 network based on Polygon CDK and Celestia DA. In this article, we’ll take you through the technical design highlights of StableNet, learn about the testnet and the potential airdrop rewards for mainnet in the near future, and look ahead to the future of StableNet.

StableNet 亮点:

StableNet is an innovation in the L2 space with a number of unique features.

1. Community-driven and incentivized economic model:

• Use USDC as the L2 of the gas token to provide users with a stable and transparent fee structure.
• Fair launch of L2. The issuance of all new tokens adopts the “gas is mining” model, with no investors, no team reservations, and no pre-mining.
• Reward gas fee revenue to the L2 of all community contributors, breaking the traditional model and sharing the results of the network.
• Introducing the concept of L1 earnings, the assets locked in StableNet will be automatically compounded on AAVE/Lido, and all income will also be returned to community contributors.

2. Technical Highlights:**

• ZK-Rollup based on Polygon CDK and Celestia DA
• L2 that supports atomic cross-rollup communication, enabling users to interact directly with Dapps on Ethereum L1.
• L2 that supports the Lumoz decentralized proof network, providing more stable and reliable zero-knowledge proof computations.

With its 100% EVM compatibility, superior performance, low fees, and strong security, StableNet provides users with a good Layer 2 usage environment.

Testnet live

To celebrate the launch of the StableNet testnet on December 1st, we will also be launching a testnet-exclusive Galxe event that will allow users to earn additional Lumoz credits for testnet testing. By participating in the test, you will not only be able to experience and familiarize yourself with the features of StableNet in advance, but you will also be able to earn more rewards when the mainnet goes live.

StableNet’s vision for development

StableNet serves as a real-world example of what ZK-Rollup technology can offer to all potential project parties for their future development. Through StableNet, project owners and developers can more intuitively feel the obvious advantages of Rollup technology in terms of improving scalability, reducing transaction costs, improving efficiency and ensuring security. In the future, we will integrate and deploy more features (including support for the Bitcoin ecosystem) to StableNet for all users and developers to experience.

Write at the end

We always put our users and community first. We encourage everyone to actively participate in the testnet and experience StableNet first-hand and earn points as part of our efforts to ensure the stability and performance of StableNet, as well as to reward you with your valuable feedback. The StableNet mainnet will be officially launched shortly after the testnet launch (around 3 weeks) and will be in full airdrop! Keep an eye on Lumoz’ official Twitter and Discord for StableNe to get off the ground!