Blockchain protocol Avail has rolled out its data availability mainnet. Alongside, it has also put to sea its in-house AVAIL token. The Web3 infrastructure project — built using Polygon’s development kit — intends to enhance scalability and cater to rollup fragmentation.
With the mainnet launch, developers can now utilize any of Ethereum’s top rollup stacks to build blockchains on Avail.
The protocol has also been integrated into more than 20 Web3 developer tooling providers. This, according to the team, enables blockchains to be “easily” spun up within minutes.
Via the official announcement, the Avail team underlined,
"Built on a decentralized blockchain network with support for up to 1,000 validators and verified by a swarm of light clients, Avail DA will enable decentralized blockchains to proliferate at scale."
In the most basic sense, this modular blockchain solution is designed to optimize data availability and make developers’ lives easy by effectively easing the chain-building process. Data availability, on its part, enables nodes to verify bundled transactions without needing to download data from an entire block.
Several protocols have been notching up their DA game lately. Celestia, for instance, went live in Q4 last year. Near Protocol unveiled its DA undertaking called Nuffle Labs a few weeks back. Restaking project EigenLayer also has its in-house DA solution called EigenDA.
The native token of the protocol can now be staked by token holders to contribute towards network security. AVAIL will also be instrumental when it comes to the governance of the protocol and settling DA fees.
AVAIL’s total supply is capped at 10 billion tokens. In early Q2, the project announced a 600 million airdrop to eligible participants including developers, governance contributors, technical educators, rollup users, stakers, and other contributors.
At that time, the team revealed that the airdrop will not be exclusive to Avail or Polygon ecosystem users alone. Specifically, they said that the unification of Web3 requires “unification to happen at the most fundamental level.”
Resultantly, they included users for the airdrop from several ecosystems including Bitcoin, Ethereum, Solana, Cosmos, Avalanche, and Near who made unique contributions to the blockchain ecosystem.
With regard to the mainnet launch, the team concluded,
"Avail DA marks the first phase on Avail’s roadmap to build a permissionless unification layer for web3, where liquidity can be accessed from any chain, and cross-chain bridging will be abstracted away from end-users."
