Titan Testnet Optimization Announcement: Establishing a Solid Foundation for Mainnet
Last updated
Last updated
Dear Titan Community Members,
Thank you for your continued support of the Titan testnet! We are delighted to announce that Titan Network has achieved Monthly Recurring Revenue (MRR) exceeding $96,000, with projected Annual Recurring Revenue (ARR) set to surpass $1,000,000, placing us among the top 8 DePIN projects by protocol revenue. Since the launch of our fourth testnet in January, our ecosystem has attracted over 51,230 resource providers. These achievements would not be possible without your contributions!
As our ecosystem rapidly expands, we've identified the need to optimize the balance between $TNT4 token supply and utility demand to establish a more solid foundation for the project's long-term development. This is precisely the core value of the testnet—identifying opportunities and implementing improvements before mainnet launch to ensure healthy and stable ecosystem growth. We are building a sustainable, liquidity-balanced, multi-purpose token ecosystem. This optimization represents our initial attempt at establishing a long-term rule system, aimed at increasing token utility, enhancing value capture efficiency, and optimizing circulation structures to create favorable conditions for stable, long-term token value growth. A sound tokenomics model should encourage long-term holding rather than short-term speculation—this forms the core philosophy of our design. The current adjustments represent our rapid response during the testnet, designed to quickly address identified issues. Simultaneously, we are developing a more comprehensive and systematic long-term economic design that will refine the overall economic system before mainnet launch. Flexible adjustments and iterations during the testnet are essential steps in project development. Based on community feedback and analysis, we will implement the following preliminary economic model optimizations:
Double Resource Contribution Reward Mechanism: Introducing dynamic reward calculations based on 48-hour Time-Weighted Average Price (TWAP) to ensure more stable returns unaffected by short-term market fluctuations. The value your resources create for the network will be calculated at 2x rewards, ensuring each contributor receives fair compensation.
Tiered Node Pledge Test: We are designing a node pledge mechanism for high-quality resource providers. This mechanism will allow specific nodes to obtain higher yields by pledging $TNT4, strengthening alignment between resource providers and network interests while optimizing value circulation within the ecosystem. Detailed plans will be released soon.
Ecosystem Buyback Program: Network revenue will be periodically used to buy back $TNT4 tokens, strengthening the ecosystem's value circulation. All buyback operations will be completely transparent, strictly following relevant regulations, with the buyback address to be announced when the program launches.
Added 16 new countries to our global PCDN demand testing regions, expanding coverage to 21 countries worldwide
SOL→Titan cross-chain bridge launching in mid-April
Whitepaper and project roadmap to be released soon
Thank you for your understanding and support. As part of the testnet, adjustments and optimizations are necessary processes, and these valuable experiences will help us build a more robust mainnet. We are fully confident that Titan Network will achieve more sustainable and healthy long-term development. Building the future together, Titan Network Team