Since our introduction of Republic Protocol many months ago, we have been overwhelmed with the support of our community; for it is a project’s strong community that enables it to grow and thrive. Today, we are excited to reach an important milestone for the project and announce the first release of our testnet to our community.

What’s been accomplished so far

We’ve been hard at work to bring our protocol to life. The majority of our code repos are available on Github and have amassed over 3,500 commits within the last 6 months — something we’re proud of! (If you’d like to view the code, you can view our main repository here: https://github.com/republicprotocol/republic-go).

Aside from the code, there have been significant accomplishments happening behind the scenes. Building relationships with key stakeholders and liquidity providers has been our key focus for the passed few months. Now, we will also begin to ramp up marketing efforts and opening the dialogue with existing crypto exchanges; enabling them to build on top of the protocol.

Republic Protocol has now been improved and extended as a base layer protocol powering trades. These important upgrades have enabled development of third-party dark pools and allows us to capture more volume on top of the protocol.

The long-term goal is for Republic Protocol to become the foundation upon which exchanges, institutions and individuals transact large volumes of coins and tokens within the decentralized token economy.

Testnet release details

The Republic Protocol testnet has been deployed on Ethereum’s Kovan network. RenEx, the first exchange built on Republic Protocol is available at: https://testnet.ren.exchange. This is the only domain our testnet is deployed to.

Warning: Republic Protocol is only deployed on the Kovan testnet. Anyone asking for REN/ETH/ERC20 tokens on mainnet is a scam.