PG was researched and designed to solve the fundamental misalignment between users, builders, and governance.
PG can be implemented on any L2 blockchain that has a native governance token and a sequencing system.
Read the full research paper here: pg.abs.xyz
We’re thrilled to announce the official launch of Reddio’s Public Testnet, now powered by GPU for AI! No whitelist required. Everyone is welcome to experience the very first Parallel EVM public chain open to all.
We are pleased to announce that the first snapshot of Reddio has been completed.
This moment in time is March 3, 2025, UTC 0:00.
This is our commitment to the community as we move towards the next phase.
For the final clarification:
· No ICO
· No paid NFTs
· No KOL round fundraising
· No outsourced tech team
· No discounted tokens for lead VCs
We are continuously ensuring the transparency of the entire project! ❤️
❤️ Reddio’s ticker is going to be $RDO.
➡️ Please note: RDO is NOT yet in circulation or issued. Please stay tuned for more official updates. Also, name of testnet tokens will be updated as we approach the mainnet launch!
Today, Reddio officially releases its tokenomics, making the final preparations for the upcoming token launch.
This is a crucial step as we move towards the next phase. Our token RDO has a total supply of 10 billion tokens.
We have committed to a strategy of no ICOs, no community fundraising, and no NFT sales.
Our goal is to provide the community with an open parallel EVM network, accelerating the exploration and adoption of the technology.
Therefore, 8% of the total token supply will be allocated and distributed in batches to reward selected community supporters, early users, advocates, and developers.
At the same time, we are pushing forward the mainnet for the parallel EVM after the token launch. That’s why we are speeding up the listing of RDO tokens.
To prepare for RDO token circulation, we’ll be upgrading our staking system soon. During this time, you can still deposit and withdraw, but ETH, USDT, and other APY rewards will not be available.
For more details on tokenomics and distribution, visit the official documentation:
docs.reddio.com/zkevm/tokeneco…
This is the official end of the tweet. We will never DM you, so please stay alert for scams :)
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