This May, IOTA Goes Full Rebased – Prepare for the Future (or at least pretend to!)

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Hold on to your hats, folks! On May 5, IOTA is stepping into a new era. It’s not just an update; it’s the largest network transformation since the beginning of time, or at least since the last major update! The mainnet will be transitioning to the new Rebased protocol. 🌐

This isn’t your grandma’s update. We’re talking full decentralization, staking, Layer 1 smart contracts via MoveVM, and the ability to process over 50,000 transactions per second! That’s more transactions than you can shake a stick at. 💥💸

Out with the old and in with the new! The Rebased protocol bids farewell to IOTA’s previous architecture. Say hello to a shiny new delegated Proof-of-Stake (DPoS) model. It kicks off with 50 permissionless validator slots and the ambition to scale up to 150. Who knows, maybe even 200… if you’re lucky. 🙃

5.5.2025 → The dawn of a new IOTA.
Born from years of research.
Inspired by the brightest stars of Web3. Dedicated to open-source values

🔗

Smart contracts, decentralization, real-world adoption – just two weeks to launch. 🧵⤵️ 1/4

— IOTA (@iota) April 22, 2025

This upgrade isn’t just a pretty face—it marks IOTA’s full transition to a decentralized consensus model, paving the way for more complex applications. So, if you were wondering when IOTA would join the big leagues, the time is now. Get ready for adoption on a massive scale. 🚀

So, what’s the deal? IOTA’s turning things up to eleven: faster, more secure, and, best of all, run by YOU—the community. This upgrade makes it possible to earn rewards and build decentralized applications (dApps) directly on IOTA’s network, no external tools required. Pretty fancy, right? 😏

The MoveVM smart contract integration means developers can now build decentralized apps right on IOTA’s base layer. And guess what? IOTA’s now one of the cool kids in town, joining Aptos and Sui as the third network to offer MoveVM at Layer 1. Move over, other chains! 💻✨

Staking Rewards: Because Who Doesn’t Like Free Stuff?

Oh, and did I mention rewards? That’s right—staking rewards for $IOTA holders are finally here. You can expect annual yields anywhere between 10% and 15%. Not bad, right? Throw in a new fee-burning mechanism and adaptive transaction fees, and it’s practically a party. 🎉

The IOTA Gas Station (yes, you read that right) is here to make life easier for developers. It lets them subsidize transaction costs for users. Because who wants to pay extra? 🤷‍♂️

The Genesis validators, including heavyweights like IOTA Foundation, Luganodes, Stakin, and Nansen, will lead the charge. The network is being primed for massive adoption, from governments to corporations. Think digital identity, supply chain infrastructure, and on-chain finance. It’s practically a corporate utopia! 🏢🌍

And there you have it! The Rebased upgrade has already passed community governance approval and a full audit. This is not a drill. Buckle up, folks—May 5 is going to be a wild ride. 🤖🎢

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2025-04-22 17:10