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The Dynasty reboot premiere is upon us so slap us with a diamond and call us "darling," because we're ready for a new Gossip Girl equivalent.

Co-written by Sallie Patrick (Revenge) and the genius team behind Gossip Girl and The O.C. (Josh Schwartz and Stephanie Savage), the CW's revival of the iconic '80s soap opera is dripping with diamonds and drama galore. The new Dynasty tells the tale of two obscenely wealthy families, the Carringtons and the Colbys, as they fight to maintain their status among the top one percent of the one-percenters. Following in the Chanel-clad footsteps of its predecessor, the series focuses on two female leads: Fallon Carrington (Elizabeth Gillies), the daughter of multi-billionaire Blake Carrington (Grant Show), and her young, soon-to-be stepmother, Cristal (Nathalie Kelley). That’s Cristal with an I, like the Champagne brand that tastes like luxury.

Dynasty premieres Wednesday, October 11 at 9 p.m. E.T on the CW. We’ll be here sipping prosecco and pretending it’s Champagne whilst sweeping our troubles under the rug until then. 

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