Aave Creator Avara Launches Lens Chain L2

Decentralized social platform Lens launched its layer 2 network on mainnet Friday.

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Avara, the parent company of Aave, has launched the Lens Chain mainnet, a Layer 2 tailored for decentralized social media apps.

What’s the Scoop?

  • Launch of Lens Chain: Lens Chain mainnet is designed as an Ethereum-overlay Layer 2, prioritizing low-cost, high-speed transactions for social media applications.
  • Developer-Friendly Features: The platform includes composable building blocks like token-gated communities, social graphs, and custom feeds, tailored for decentralized app creation.
  • Key Partnerships: Lens Chain has secured collaborations with major DeFi players such as Uniswap, Balancer, LayerZero, and Chainlink Chainlink to boost its ecosystem.
  • Economic Integration: Lens Chain includes a dedicated stablecoin for handling gas fees and decentralized data storage to empower scalable social transactions.

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