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Aave protocol developer secures $31 million for Lens, a high-performance blockchain for consumer apps
Avara, the company behind Aave, Lens and Family, is announcing a $31 million funding round led by Lightspeed Faction. With Lens, Avara is building a
With a decentralized social app, “that basically turns the model upside down where the users are more important, and they have more power than the platform itself,” Kulechov added. While layer-2 networks have contributed to driving transaction costs down over the past few years, it remains a barrier to entry for large-scale consumer apps. Lens is defining a handful of “social primitives” as the core characteristics of the protocol, namely accounts, usernames, graphs, feeds, and groups.
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