The public mainnet of the modular infrastructure platform Lava Network is now live, having launched on July 30 with support from notable industry players and projects. Lava Network announced that Filecoin, Starknet Foundation, and Cosmos Hub have all joined the phased public mainnet launch. Other projects backing Lava Network include Evmos, Axelar, and Stargaze.

Lava Network: An Incentive Layer Platform

The Lava Network is designed as an incentive layer that developers can utilize to bootstrap key infrastructure. Using Lava, ecosystems can create incentive pools to attract top infrastructure providers. Companies such as Google Cloud operate as RPC providers.

Any blockchain can offer an incentive pool via Lava, scaling and optimizing it to suit their goals through remote procedure call (RPC) node operators. The team highlighted in a press release that the project’s testnet processed over 40 billion RPC requests.

“Lava Network’s incentive pools are decentralizing the NEAR RPC layer by creating a competitive market and bringing more providers. This has improved the experience for NEAR app developers and users,” said Illia Polosukhin, Co-Founder of NEAR Protocol.

NEAR plans to leverage Lava Network further to expand with chain abstraction, Polosukhin noted.

$LAVA Token Launch and Airdrop

Lava’s mainnet launch aims to introduce the native $LAVA token to enhance this incentive layer’s growth. Lava has outlined a $2 million incentive pool from the mainnet partner chains. Additionally, Lava will airdrop 55 million $LAVA tokens to the community, following an initial high float and capped supply.

“By going with this radically unique approach, the Lava Foundation is encouraging engagement and supporting decentralization,” said Amir Aaronson, head of the Lava Foundation.

Lava Network will also support staking for its $LAVA holders.

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