Ava Protocol’s mainnet launch on Ethereum, introducing automated Web3 transactions with enhanced smart contract capabilities. Explore the integration with EigenLayer AVS and its impact on dapp development.
Ava Protocol, a Web3 infrastructure project, has officially launched its mainnet on Ethereum, utilizing EigenLayer AVS for smart contract automation. This significant development enables developers to integrate Ava Protocol’s advanced transaction automation, privacy, composability, and cost-efficiency into their decentralized applications (dapps) and projects, ensuring broad compatibility across the Ethereum Virtual Machine (EVM) ecosystem.
Ava Protocol’s event-driven activation model simplifies complex on-chain operations by triggering autonomous “super-transactions” based on predefined conditions such as time, price, and smart contract updates. This streamlined approach to smart contract automation reduces friction for both developers and end-users, addressing a significant barrier to Web3 adoption with user-friendly, Stripe-like simplicity. Super-transactions require no custom code, making implementation straightforward for developers.
Ava Protocol launches as an Actively Validated Service (AVS) on EigenLayer. AVSs offer developers capabilities beyond the limitations of the Ethereum Virtual Machine, providing advanced on-chain automation with strong execution guarantees for time-sensitive transactions and multi-step processes. This includes scheduling future and recurring payments, stop-loss and limit orders, streaming rewards, dynamic NFT minting, and more, making it a versatile tool for dapps.
Chris Li, Founder of Ava Protocol, said: “With the support of our partners and community, we’ve reached a pivotal moment in our mission to deliver automated super-transactions on Ethereum. The launch of Ava Protocol’s mainnet will unlock new use cases for autonomous transactions that power smart contracts. We’re excited to showcase the versatility of EigenLayer’s AVS technology while addressing critical web3 automation challenges.”
Ava Protocol is among the first 15 projects to launch an AVS, leveraging pooled security from Ethereum validators via EigenLayer’s restaking mechanism. The protocol is launching with 20 EigenLayer operators, sourced from the top 100 operators by Total Value Locked (TVL), including EigenYields, InfraSingularity, Kukis Global, Coinage, and Staking4All.
Alex of EigenYields, a leading operator that runs actively validated services for EigenLayer, said: “We see immense potential in Ava Protocol’s automated super-transactions, and are thrilled to provide a secure and resilient foundation for this innovative technology. This aligns with our mission to maximize value for our delegators by pushing the Ethereum ecosystem forward.”
Sam Shev, Ava Protocol Head of Marketing, added: “We’re excited to bring Ava Protcool’s technology to a live environment for the first time and to see what our community will build using super-transactions. Thanks to the EigenLayer operators who have joined us on this mission, Ava Protocol will launch with a strong foundation to anchor everything that comes next.”
The Ava Protocol mainnet launch follows a successful testnet phase, which involved 10,000 wallets and generated more than 1,000 automated transactions daily. Ava Protocol will soon publish a detailed plan for AP token incentives aimed at initial operators, further enhancing its ecosystem.
Ava Protocol’s mainnet launch marks a significant step forward in Web3 transaction automation, providing developers with advanced tools to enhance their dapps. By leveraging EigenLayer AVS, Ava Protocol is poised to drive innovation and efficiency in the Ethereum ecosystem.
About Ava Protocol
Ava Protocol offers advanced Web3 infrastructure for cross-chain automation, enabling composable and autonomous transactions. This innovative technology allows developers to quickly deploy powerful decentralized applications (dapps), enhancing efficiency and user-friendliness. Ava Protocol empowers Web3 builders to create high-performing solutions with ease.
