The full-chain BTC re-staking network Pell Network announced on X that the new version of Pell Ignite Testnet is now online, introducing the following new features:
Multi-chain staking and service chains: now supports multiple staking chains, such as BSC, BounceBit, etc.;
Full-chain DVS contract: developers can now deploy decentralized verification service contracts on the test network;
Enhanced infrastructure: fast synchronization, Cosmos and EVM-based browsers, and source code compilation tools;
Further decentralization: provide operators with additional weight to help further decentralize the Pell network.
Looking forward, Pell will provide continuous network and infrastructure updates to serve stakers, developers, and operators.
In October last year, Pell Network announced the completion of a $3 million seed round of financing, led by Halo Capital, Mirana Ventures, and Paper Ventures, and participated by ArkStream Capital, Caliber Venture Builder, Cogitent Ventures, etc.