The Wrapped DMS on Sepolia: What It Is, What It Is Not, and the Decision Still Open

This is a post about a token so that nobody is misled by it. There is a wrapped DMS (wDMS) ERC-20 on the Sepolia testnet. Here is exactly what it is.

The facts

The canonical tokenomics puts it in one sentence: representations on other chains are collateralised wrappers, never the token. This one has no collateral.

How it came to exist

An earlier architecture for the DRACMA token — one of five the Dracma repository accumulated before EmpoorioChain — included an Ethereum-side wrapped token and a lock-and-mint bridge. The wrapped side was deployed and minted for testing; the lock side never held anything. When the design moved to native DMS on EmpoorioChain, the Sepolia token remained.

A first-generation sale contract on Sepolia was funded with about 15 million of it and configured for the cancelled private round at $0.35. That contract was superseded on 12 September 2026 by DracmaSaleV2, which delivers DMS natively on EmpoorioChain via Merkle claim and holds no token at all; the old contract is being switched off.

The correction

On 31 August 2026 the ecosystem purged 25 files that stated wDMS was "available through the bridge for Ethereum and BSC". The price service was changed so that priceOf('WDMS') returns 0 rather than the native DMS price. The contract registry now carries a note explaining the zero escrow in plain terms.

The decision

The registry records the remaining choice as the owner's (D0.6):

1. Retire it on chain — pause the token (retirar_wdms.js exists for this; it pauses rather than burns, since burning would require enumerating every holder, and pausing is reversible on a testnet).
2. Convert it into an allocation registry — a record of who was assigned what, with no monetary claim.
3. Back it by locking 215 M real DMS — 21.5 % of initial supply — which would turn a test artefact into a liabilty and is the only option that creates an obligation.

This post takes no position beyond noting that the third option is qualitatively different from the other two.

For anyone who holds it

It is a testnet token with no value and no redemption path. Eoonia does not price it. No page on this site will describe it as DMS.

The title

The previous version of this page announced a bridge. This one describes the leftover of one, precisely, so that when a real bridge is built — trustless, with escrow, evaluated in the bridge post — there is no confusion about which token is which.

Based on CONTRATOS_EVM.json v1.1.0 (wDMS note), TOKENOMICS_CANONICO.md §1 and the Dracma repository's retirar_wdms.js.