DAM Releases Moonwalkers Testnet

DAM is pleased to share that it has released its Moonwalkers Testnet.

Moonwalkers v1, which has been deployed on Ethereum (the Goerli Testnet) and Moonbeam (Moonbase Alpha) offers DAM community members a chance to test two things.

There’s the d2O stablecoin, targeted at unlocking crypto ecosystem liquidity, and there’s dReservoir, a teleportation primitive that enables secure and seamless omnichain value transfer.

To test this functionality, users need gas (network fee), which will allow them to mint d2O on the DAM app using USD Coin (USDC). The minted tokens can then be “teleport” from or to either the Goerli Testnet or Moonbase Alpha. Users can thereafter burn the minted d2O to redeem their USDC.

Feedback from this process will help the DAM team to improve the product before mainnet launch.

Join our Discord for more details and be sure to follow DAM on Twitter for more updates.