Difference between revisions of "Lava Network (LAVA)"

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(Created page with ""Lava is built as an application-specific L1 PoS Blockchain, based on CosmosSDK. We are building the most reliable, modular, and extensible network, which ensures high network performance and secure blockchain access for all web3 APIs." ==Basics== *Based in: *Started in / Announced on: *Testnet release: *Mainnet release: [https://twitter.com/lavanetxyz/status/1729526423424229471 aiming] for...")
 
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"Lava is built as an application-specific [[Layer One|L1]] [[Proof-of-Stake (PoS)|PoS]] [[Blockchain]], based on [[Cosmos (ATOM)|CosmosSDK]]. We are building the most reliable, modular, and extensible network, which ensures high network performance and secure blockchain access for all [[web3]] [[API|APIs]]."
''"Lava is built as an application-specific [[Layer One|L1]] [[Proof-of-Stake (PoS)|PoS]] [[Blockchain]], based on [[Cosmos (ATOM)|CosmosSDK]]. We are building the most reliable, modular, and extensible network, which ensures high network performance and secure blockchain access for all [[web3]] [[API|APIs]]."''


==Basics==
==Basics==
*Based in:
*Based in:
*Started in / Announced on:
*Started in / Announced on: [https://www.theblock.co/post/308380/lava-network-launches-public-mainnet-and-airdrops-55-million-tokens 2022]
*[[Testnet]] release:
*[[Testnet]] release:
*[[Mainnet]] release: [https://twitter.com/lavanetxyz/status/1729526423424229471 aiming] for Q1 2024 (as of 28-11-2023).
*[[Mainnet]] release: [https://twitter.com/lavanetxyz/status/1729526423424229471 aiming] for Q1 2024 (as of 28-11-2023). [https://www.theblock.co/post/308380/lava-network-launches-public-mainnet-and-airdrops-55-million-tokens Launched] on 30-7-2024.
==History==
==History==
==Audits & Exploits==
==Audits & Exploits==
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==Token==
==Token==
===Launch===
===Launch===
* Lava Network [https://www.theblock.co/post/308380/lava-network-launches-public-mainnet-and-airdrops-55-million-tokens kicked of] its phased [[mainnet]] launch and airdrop of 55 million LAVA tokens, starting with $2 million in incentives to pay out to network participants (30-7-2024). The project is experimenting with its tokenomics by starting with a high token float and a capped supply.
===Token Allocation===
===Token Allocation===
===Inflation===
===Inflation===
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*[[Latency]]:
*[[Latency]]:
===How it works===
===How it works===
* [https://www.onchaintimes.com/p/the-modular-watchlist-for-2024-a From] Onchain Times (12-3-2024):
''"A modular data layer that chains and rollups can tap into. Lava is essentially an [[Remote Procedure Call (RPC)|rpc]] and indexing layer for chains. Data-accessing is in many cases fragmented and so by using the Lava network, chains can ensure easy and fast data-access for users and developers."''
===Fees===
===Fees===
===Upgrades===
===Upgrades===
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===Projects that use or built on it===
===Projects that use or built on it===
==Competition==
==Competition==
* [https://www.theblock.co/post/292935/lava-foundation-token-funding-round-airdrop From] [[The Block]] (7-5-2024):
''"Lava is a modular blockchain network, which can be compared to the popular project Celestia. While Celestia is focused on data availability, Lava is focused on data access through remote procedure calls (RPCs)."''
==Pros and Cons==
==Pros and Cons==
===Pros===
===Pros===
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===Team===
===Team===
*Full team can be found [here].
*Full team can be found [here].
*MagmaDevs (formerly Lava Protocol Inc.)
*Amir Aaronson; head of the foundation
===Funding===
===Funding===
* [https://www.theblock.co/post/292935/lava-foundation-token-funding-round-airdrop From] [[The Block]] (7-5-2024):
''"Lava Foundation, a newly formed non-profit raised $11 million in a funding round including [[Animoca Brands]], [[GateToken (GT)|Gate]].io Ventures, [[CoinGecko]] Ventures, [[Polygon (POL)|Polygon]] co-founder [[Sandeep Naiwal|Sandeep Nailwal]], Ash Crypto, CryptoLark, and media outlets Crypto Times Japan, Le Journal Du Coin and The Rollup, among other investors."''
*MagmaDevs (formerly Lava Protocol Inc.) raised [https://twitter.com/lavanetxyz/status/1758162588381405563 $15M] from [[Hashkey Capital|Hashkey]], [[Tribe Capital]], [[Jump Capital|Jump]], Quiet, [[North Island Ventures]], [[Node Capital]], Finality, [[Chorus One]], [[Protocol Labs]], [[Keplr Wallet|Keplr]], [[ChainLayer]], [[StarkWare (StarkNet - STRK)|StarkWare]] and more (15-2-2024).
===Partners===
===Partners===
==(:==
==(:==
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Making these free wiki pages is fun but takes a lot of effort and time.
Making these free wiki pages is fun but takes a lot of effort and time.


If you have enjoyed reading, tips are appreciated :) This will help us to [[keep]] expanding this archive of information.
If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.
 
[[ETH]] tip [[address]]: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31
[[Category:Coins/Tokens]]
[[Category:Coins/Tokens]]

Latest revision as of 05:00, 12 August 2024

"Lava is built as an application-specific L1 PoS Blockchain, based on CosmosSDK. We are building the most reliable, modular, and extensible network, which ensures high network performance and secure blockchain access for all web3 APIs."

Basics

History

Audits & Exploits

Bugs/Exploits

Governance

Admin Keys

DAO

Notable Governance Votes

Treasury

Token

Launch

  • Lava Network kicked of its phased mainnet launch and airdrop of 55 million LAVA tokens, starting with $2 million in incentives to pay out to network participants (30-7-2024). The project is experimenting with its tokenomics by starting with a high token float and a capped supply.

Token Allocation

Inflation

Utility

Burns

Other Details

Coin Distribution

Technology

Transaction Details

How it works

  • From Onchain Times (12-3-2024):

"A modular data layer that chains and rollups can tap into. Lava is essentially an rpc and indexing layer for chains. Data-accessing is in many cases fragmented and so by using the Lava network, chains can ensure easy and fast data-access for users and developers."

Fees

Upgrades

Staking

LAVA holders are incentivized to stake their tokens to secure Lava while receiving a reward in return. Validators earn LAVA from the creation of new blocks and the transaction fees, and on the other hand - slashing may occur to punish bad actors, all facilitated by Tendermint's consensus protocol.

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Their Other Projects

Roadmap

Revenue

Usage

Projects that use or built on it

Competition

"Lava is a modular blockchain network, which can be compared to the popular project Celestia. While Celestia is focused on data availability, Lava is focused on data access through remote procedure calls (RPCs)."

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

  • Full team can be found [here].
  • MagmaDevs (formerly Lava Protocol Inc.)
  • Amir Aaronson; head of the foundation

Funding

"Lava Foundation, a newly formed non-profit raised $11 million in a funding round including Animoca Brands, Gate.io Ventures, CoinGecko Ventures, Polygon co-founder Sandeep Nailwal, Ash Crypto, CryptoLark, and media outlets Crypto Times Japan, Le Journal Du Coin and The Rollup, among other investors."

Partners

(:

Knowledge empowers all and will help us get closer to the decentralized world we all want to live in!

Making these free wiki pages is fun but takes a lot of effort and time.

If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.

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