The first example of an on-chain economy is almost here! The Karak testnet is just days away. KNS, the official documentation, and the KarakX interface are in their final stages, only a few details remain. A new economic system is being built directly on the blockchain, meaning that countriesโ economies will operate on-chain. Do you realize what this could mean for the future of finance? @karaknetwork private testnet is on its way! ๐ This marks the real beginning of the on-chain economy!
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Now, itโs not just developers or large organizations, economies, cities, and institutions can launch and manage their own security layers. This marks the beginning of a new era in blockchain infrastructure: anyone can create a secure, transparent, and programmable system. ๐ฎ๐๐ก๐๐ซ๐๐ ๐๐๐๐ฎ๐ซ๐ข๐ญ๐ฒ: Participants collectively secure the network, sharing risks and responsibilities. ๐ฎ๐๐จ๐ค๐๐ง๐ข๐ณ๐๐ ๐๐๐: Economic value can be represented on-chain and managed via smart contracts. ๐ฎ๐๐ซ๐จ๐ ๐ซ๐๐ฆ๐ฆ๐๐๐ฅ๐ ๐๐จ๐ฏ๐๐ซ๐ง๐๐ง๐๐: Rules, roles, and decision-making processes are fully programmable and adaptable to specific needs. With the KarakX interface, setting up these infrastructures is now as easy as a single click. Building a Layer-1 is becoming as simple as opening an app. @karaknetwork
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Karak Network enters 2025 stronger than ever! โข $150M+ TVL, backed by Coinbase Ventures, Pantera & Lightspeed. โข Universal Restaking: Secure ETH, LSTs & stablecoins with a single stake. โข Testnet coming soon: Developers, validators & restakers gain hands-on experience. โข $GDP: Powers staking, network security & ecosystem activity. โข Digital Sovereignty: Launch private Layer 1 chains, compliant digital currencies & integrate globally. โข Karak Network Stack (KNS): Build custom blockchain networks with modular infrastructure. Karak isnโt just a restaking protocol; itโs shaping the future of on-chain capital markets and digital sovereignty.@karaknetwork
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