The AVAIL Token is Now Live on Mainnet
The AVAIL token powering the Avail ecosystem and the unification of web3 is now live on mainnet with the launch of Avail DA.
Avail, a project that began inside Polygon and was founded by one of Polygon’s former co-founders Anurag Arjun and research lead Prabal Banerjee, spun out to become an independent entity and has now launched Avail DA on mainnet along with the AVAIL token.
After having played a key role in building out Ethereum scaling technologies at Polygon, Anurag has always been driven by a desire to bring blockchain technology to everyone. His ability to identify technological gaps early and execute successfully has helped make blockchain technology more usable and scalable for all.
Once it became clear that rollups were the best way to scale blockchains, Anurag immediately looked into how the underlying infrastructure could be better built to support a rollup-centric future. That led to the creation of the Avail Foundation which has set out to remove the barriers facing rollup scalability and interoperability with the Avail protocol.
The AVAIL Token
The AVAIL token is the utility token integral to the Avail ecosystem, enabling access to data availability services on Avail DA.
Developers looking to leverage similar features to those planned in Ethereum’s danksharding roadmap, like validity proofs and data availability sampling, can start using them today by integrating with Avail DA. The integration can be done with just a few lines of code, enabling developers to instantly start leveraging Avail DA’s core features. The AVAIL token is then used to access data availability services provided by the network.
AVAIL token holders can also contribute to the security of the Avail ecosystem via staking.
As the Avail network’s native asset, AVAIL plays a key role in the overall system design and network architecture within the Avail ecosystem.
Avail’s Partnerships
The Avail ecosystem has seen 110+ partnerships announced prior to launch.
Included in this are partnerships with the 5 most popular Ethereum rollup stacks, including Arbitrum, Optimism, Polygon, Starknet and zkSync.
Learn more about Avail
To learn more about Avail, check out our blog, join the Avail community on Discord and follow us on X.
To start building with Avail, check out the developer documentation.
Disclaimer: The information provided in this blog post is for educational and informational purposes only. It should not be construed as financial advice, a prospectus, an offer of securities, or a recommendation to purchase any cryptocurrency or other item or asset. Nothing contained in this blog post may be relied upon as a promise, representation, or undertaking as to the future utility or performance of the Avail network or the AVAIL token. There is no assurance as to the accuracy or completeness of the information set forth in this blog post and no representation, warranty or undertaking is or purported to be provided as to the accuracy or completeness of such information. You should not rely on this information in making purchasing decisions of any kind. There are no obligations to update this blog post or to provide access to any information beyond what is provided herein.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
VIPBitget VIP Weekly Research Insights
Over the past year, the performance of ETH and its ecosystem has been underwhelming, with the ETH/BTC ratio down by 30% year-to-date. However, it's important to note that BTC has faced a monthly-level correction after hitting resistance at $100,000, while Solana's DEX volumes have seen a significant decline. These shifts suggest that capital is starting to flow back into the ETH ecosystem, with whales quietly accumulating assets over the past year. Several promising projects within the ETH ecosystem and on EVM chains are worth highlighting.
Who’s Behind the dYdX Native DYDX Token Price Jump of 30%?
Cardano (ADA) Price Slows Momentum With Stabilizing Whale Activity
Cardano’s (ADA) recent uptrend is losing momentum as ADX drops and whale activity stabilizes. A breakout above $1.32 or a dip below $1.15 could shape the next move.