Massive week
@Reppo plus some key updates on the NFT Claim. Here's the full picture:
1️⃣ Few big announcements on the NFT - We've improved the NFT structure to align with our ongoing buyback, burn and airdrop mechanics rather than a fixed dividend schedule. NFT holders retain the same pro rata allocation, but optimizes towards a structure that compounds with the network rather than running on a clock. The claim page is live now and is available through July 12 only! Register your wallet(s) here:
reppo.ai/register-wallet
2️⃣ 2M REPPO has been permanently burned from circulating supply, earned entirely from publishing and access fees. The Foundation secured alternative liquidity for the upcoming HIP-4 datanet staking upgrade so network fees go straight to the burn. Less sell pressure, more deflation. Earn in
$REPPO, burn in
$REPPO.
3️⃣ The network is approaching 3M in total fees with 25M REPPO locked this week alone. Real on-chain revenue generated in just 3–6 months from users actually paying to consume the network. Not emissions, not subsidies, real revenue.
4️⃣ Revenue and volume are critical, but so network resilience. Total locks up 36.6% week over week. Average lock size up from 1.31 to 1.46. Relock rate holding steady. LPs earning ~5% APY staking on
@BaselineMarkets on top of datanet rewards. The protocol is getting stronger every week.
5️⃣ The
@exylos_ai robotics datanet in final stages of setup and seeding emissions, alongside early beta testing on Orquestra node activity across various datanets. Access and creator fees are exponentially scaling as the ecosystem expands. The target is a $500K milestone by end of Q3, scaling past $1M by EOY.
Speaking of Orquestra, more beta rollouts to top Reppo community members & builders coming next week👀