Tea Protocol announces the launch of an incentive testnet, creating a new paradigm for the open-source community.

2024-01-30 14:36

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Source: tea Protocol

Tea Protocol announced that it will launch an incentive testnet on February 21, 2024. The protocol seamlessly connects Web2 open source code libraries with Web3, enhancing the sustainable development capabilities of open source projects and providing fair rewards for open source developers. In addition, Tea provides developers with a channel to access its vulnerability reporting community incentives, and is compatible with major software package managers including Homebrew, npm, APT, Crate, PyPI, RubyGems, and pkgx.

Starting from February 21, 2024, any open source developer can interact with tea Protocol and accumulate rewards through their contributions. tea Protocol will also encourage all community members, including non-developers, to participate and use the protocol through a series of on-chain incentive activities.

This is a crucial step towards the official launch of the tea Protocol, which will allow all participants to fully experience the completely composable open-source ecosystem created by the tea Protocol.

Incentive Testnet: A Crucial Step Towards Mainnet

Tea Protocol's upcoming incentive testnet is an important milestone in its journey towards launching a powerful mainnet on the Base blockchain. This testnet phase is crucial, aimed at ensuring that all participants can experience a prosperous, efficient, and secure network environment.

Explore five key points of incentive testnet on tea.xyz:

1. Waiting list: Provides interested users with a limited opportunity.

2. Gain a deeper understanding of TEA token economics: a detailed explanation of the protocol's economic model is provided, offering a clear and in-depth understanding.

3. Comprehensive document acquisition: Provides extensive resources for users to fully understand the protocol.

4. Explore the teaRank of the project: Projects can determine their position in the open source ecosystem and understand if they are eligible for rewards.

5. Accumulate tea points: The incentive test network provides opportunities for developers and non-developers to participate in challenges and tasks, which helps accumulate tea points.

Joining the incentive test network and exploring tea.xyz means having the opportunity to become part of the pioneer movement in the open source software field. This is an excellent opportunity to interact with cutting-edge communities, gain a deep understanding of tea's token economics, and use the teaRank system to increase project visibility and rewards.

Max Howell, the founder of Homebrew and a promoter of the tea Protocol, said: "The launch of the incentive test network of the tea Protocol is a milestone achievement for open source developers and supporters around the world. The launch of the incentive test network not only demonstrates a technological innovation, but also proves our commitment to revitalizing the open source community."

About tea Protocol

Tea Protocol is a leading Web3 protocol built on Coinbase's second-layer blockchain Base. Its design goal is to empower open-source software developers to capture the value they create. The core of Tea Protocol is the Proof of Contribution algorithm, which measures the value, status, and influence of open-source software projects. Proof of Contribution assigns a dynamic "teaRank" to each project, which is used by the protocol to distribute rewards. Proof of Contribution ensures that every layer of software projects, especially the basic elements, is recognized and rewarded for their contributions, and encourages healthy competition between projects to continuously improve code libraries and enhance their use in the ecosystem.