Krest

What is Krest?

Krest is the simulation network developed by peaq, purpose-built for decentralized physical infrastructure networks (DePIN). It is the world’s first and only blockchain network focused entirely on simulating real-world DePIN applications in a controlled, economic environment. For builders, this means a safer and more efficient way to test, validate, and optimize DePIN projects before going live on production networks.

Why Does Krest Matter?

In the Web3 landscape, where physical and digital systems converge, Krest provides a vital proving ground. Developers and entrepreneurs use it to model how decentralized vehicles, sensors, drones, and other IoT devices will behave — economically and technically — in real-world settings. By simulating tokenized interactions, incentive mechanisms, and governance structures, Krest ensures your DePIN project works as intended when deployed at scale.

Krest’s native economics allow builders to identify issues early, avoid unnecessary costs, and adapt to dynamic market behaviors. Because of this, it’s become a key layer in the DePIN development stack, enabling greater innovation across mobility, energy, connectivity, and logistics sectors.

Accounting for Krest Activity

Whether you're tracking rewards, infrastructure usage, or DAO transactions, financial teams must account for Krest-based activities accurately. That’s where Cryptoworth comes in. Our crypto accounting engine integrates directly with networks like Krest, pulling complete and granular on-chain data into a streamlined accounting workflow.

This ensures your finance team — or your auditor — can reconcile, report, and audit Krest-related transactions with precision. For businesses exploring Krest or building DePIN projects, this reduces compliance risk and operational overhead.

Frequently Asked Questions

1. How is Krest different from other testnets?

Unlike typical testnets, Krest operates as a live economic simulation for DePIN. It enables builders to test tokenomics, user behavior, and infrastructure at scale — not just smart contract functionality. This makes it more representative of real-world conditions and more valuable for validating complex systems. Learn how to track simulated economic data with Cryptoworth’s cost basis tools.

2. Can financial teams account for Krest activity?

Yes. With tools like Cryptoworth, financial professionals can ingest data from the Krest network, categorize transactions, and produce audit-ready reports. This is essential for projects that expect to transition from simulation to mainnet and need continuity in financial records. Explore crypto accounting automation for complex DePIN workflows.

3. What kind of data can be extracted from Krest?

Users can retrieve wallet-level activity, token transfers, staking rewards, and governance transactions. Cryptoworth translates this raw on-chain data into structured financial insights — making it easier for finance teams to stay compliant and informed. See how Cryptoworth helps streamline crypto audits.