Space (SNT), known for its decentralized communication platform since 2017, has launched the principle natively gasless Layer 2 network on testnet. Constructed on Consensys’ Linea zkEVM rollup, the fresh Space Network will get rid of transaction funds and introduces a neighborhood-centered yield allocation machine.
In put of charging gasoline funds, Space converts bridged ETH and stablecoins into yield-bearing sources such as stETH and sDAI. This yield, on the side of funds from native capabilities, funds builders and liquidity suppliers. The mannequin goals to entice users and deposits, increasing a self-sustaining cycle the put higher converse generates more yield for the ecosystem. Pending governance approval, half of this yield could well well also merely moreover improve SNT token aquire-backs and burns.
The Space Network is designed for converse cases all the scheme in which through gaming, social apps, and DeFi. Early apps embrace a cellular RPG, an onchain gacha sport, and a metaverse on line casino, with more DeFi tools deliberate.
The testnet v1 is now live, supporting fully gasless transactions. A second testnet version with convey mail security and yield routing is scheduled for October 2025. Mainnet launch is predicted in Q1 2026.
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