IOTA released "Rebased" upgrade with MoveVM support, full decentralization and staking

After over a year of intensive development IOTA released "Rebased" mainnet — a major milestone that reflects the deep technical rework, rigorous testing, and commitment from the entire IOTA team and community.

This launch marks a turning point for the project, laying a stronger, more efficient foundation for the future of decentralized applications and ecosystems built on IOTA.

This upgrade introduces:

• Move-based smart contracts on a parallelized DAG-based ledger (L1), EVM support on L2.
• Full decentralization of the IOTA L1 DAG through a delegated proof of stake mechanism with 150 permissionless validator slots.
• Consensus switch to the Mysticeti protocol for high scalability and low latency, achieving upwards of 50k+ TPS and less subsecond finality.
• Very low transaction fees with an adaptive fee burn mechanism leading to a flexible supply (inflationary/deflationary).
• Sponsored transactions abstracting transaction fees away (possibly even feeless) from the user to significantly improve the user experience.
• Ability to earn staking rewards in IOTA tokens for token holders that secure the protocol through staking and delegation.
• Initial target inflation of 6-7% per year issued to reward stakers and validators, yielding 10-15% APY in staking rewards.

https://blog.iota.org/builders-welcome-rebase-complete/