#IOTA is making one of the biggest comebacks in Web3! 👀 Forget the past – this is about building the future of real-world adoption and #tokenization. Here’s all you need to know! 👇 (1/13)
2/ What is IOTA Rebased? It’s a complete transformation of @iota's L1 infrastructure. Instead of spending more time on the development of incremental updates, IOTA is adopting #MoveVM, a state-of-the-art smart contract framework, combined with a DAG-based ledger.
3/ Why MoveVM? MoveVM, also used by @SuiNetwork and @Aptos, offers: 🔸 Object-oriented programming for secure and modular smart contracts 🔸 Robust framework for tokenized assets and on-chain programmability
4/ The DAG-based ledger isn’t going anywhere IOTA Rebased retains its unique parallelized ledger design, ensuring scalability far beyond typical blockchain architectures. The DAG allows for: 🔸 High throughput 🔸 Low latency 🔸 Seamless integration with smart contract layers
5/ Decentralization achieved: Coordicide is here The new protocol eliminates central coordination, replacing it with a leaderless, delegated Proof-of-Stake consensus, ensuring: 🔸 Decentralized security 🔸 Scalable validation processes 🔸 Incentives for validator participation
6/ Improved tokenomics for sustainable growth IOTA Rebased introduces: 🔸 Fee burning: A deflationary mechanism inspired by @ethereum 🔸 Staking rewards: 10-15% APY for $IOTA holders 🔸 Adaptive gas pricing: Predictable and fair transaction costs, optimized for user experience
7/ Real-world use cases Two of many initiatives include: @TLIP_io: Tokenizing value chains and financial assets like invoices to create a trade finance ecosystem. @realizefinance: Building a decentralized order-book DEX for tokenized yield-bearing assets.
8/ Programmability on L1 With MoveVM, IOTA Rebased brings smart contracts directly to L1, enabling: 🔸 Native minting of stablecoins with compliance features 🔸 Liquid staking tokens (LSTs) for DeFi utility. 🔸 Complex dApps with high performance and scalability
9/ What sets IOTA apart? 🔸 No VC-heavy token allocations 🔸 A DAG architecture for parallel processing of transactions 🔸 MoveVM for robust, modular smart contracts 🔸 Fair + sustainable incentives for token holders + validators 🔸 Unique connections to partners ready to deploy
10/ Fee mechanics and utility Transactions on IOTA Rebased include: 🔸 Fee burning: A portion of transaction fees is permanently removed, aligning incentives and reducing token supply 🔸 Sponsored transactions: Feeless transactions for certain use cases, improving user adoption
11/ Focus on interoperability While MoveVM powers L1, IOTA will continue supporting #EVM on L2, enabling seamless migration and compatibility for dApps from other ecosystems. Builders get the best of both worlds!
12/ What’s next? Testnet is live now. Developers can experiment with MoveVM and validate the new features. Community governance vote: Mainnet upgrade will roll out quickly (Q1 2025) if the community votes in favor. 👀
13/ Bullish momentum ahead IOTA Rebased is the next evolution of a true OG L1. It’s scalable. It’s programmable. It’s decentralized. And it’s here to deliver real-world adoption at scale. $IOTA is getting ready for the #altcoins bull run! 📈