Next generation global telco infrastructure
What is DENTNet?
Since the '90s, each mobile network operator has run its own software for accounting, subscription management, traffic management, etc.
Now, many of these services can be provided by a single platform - DENT's global blockchain.
This will help operators and enterprises to automate processes, reduce costs and speed up innovation.
Who will use DENTNet?
DENT Wireless Limited will be the first operator using DENTNet.
After the launch of DENTNet, DENT App users will have a wallet and their transactions will be tracked on DENTNet.
Ecosystem
Introducing DENTX
It will be used to pay gas fees and secure the network with Staking.
DENTX holders can stake DENTX and receive staking rewards.
DENT Token
DENTNet will support the DENT token to buy and sell telecommunication assets such as mobile data or voice minutes.
The DENT token can be moved from Ethereum to DENTNet and vice versa.
How to start staking
Create a wallet
Send and receive tokens
Swap DENT to DENTX
Earn interest rates
FAQ
Will DENT tokens convert to DENTX upon the launch of DENTNet?
No. There is no automatic conversion on exchanges or wallets. We will offer a swap from DENT to DENTX on our platform with the launch of DENTNet, and it's everyone's choice whether to do it or not.
Can I stake on DENTNet?
DENTNet is a proof of stake network. Validators operate the transactions and will get rewards in DENTX.
DENTX is the token enabling the PoS infrastructure. Once launched, users can create a wallet on DENTNet and use their DENTX to earn interests by nominating validators.
Reach out to us if you want to run DENTNet validators.
How to create a wallet on DENTNet?
Users can create a non-custodial wallet on DENTNet. In addition, every DENT App will be a custodial wallet on DENTNet.
To create a non-custodial wallet follow these steps:
- Download and install the Polkadot Vault app.
- Add DENTNet as Network scanning the metada from this this link.
- Use the DENTNet wallet to sign transactions on DENTNet.
How to transfer your DENT Tokens to DENTNet?
DENT Tokens on Ethereum can be sent to DENTNet using the DENTNet Bridge. Only DENT Tokens stored on DENTNet can be swapped to DENTX.
What's the advantage of DENTNet to other blockchains?
DENTNet is special purpose blockchain, optimized to manage telecommunication assets and interoperate with other telco systems like DBOS. Mobile network operators can use and contribute to the network.
What is the staking rate?
In the beginning the staking rate will be higher. It will reduce over time until the ideal staking amount was reached.
Ideal staking amount and inflation rates might be adapted over time for optimal blockchain performance and security.
DENTNet targets an amount at stake of 50% of the issued DENTX. When this is reached the network will optimise for 10% inflation rate and a staking reward rate of 20%.
Can I swap DENT tokens to DENTX?
DENT Tokens can be swapped to DENTX on the DENTNet Dashboard. Every DENT token holder can get DENTX and start staking.
Be aware that only DENT Tokens stored on DENTNet can be swapped.
Will exchanges integrate DENTNet and list DENTX?
Yes, DENT team is working on integrating DENTNet and listing DENTX on global exchanges.