Lava Network launches public mainnet with Filecoin, Starknet, Cosmos support

The public mainnet of Lava Network, the modular infrastructure platform launched on July 30 with the support of leading players and projects in the industry, has gone live.

Lava Network has announced that Filecoin (FIL), Starknet Foundation, and Cosmos Hub (ATOM) have joined the phased public mainnet launch. Other projects supporting Lava Network include Evmos, Axelar, and Stargaze.

Lava is an incentive layer platform

Lava Network is a protocol designed as an incentive layer that developers can leverage to launch underlying infrastructure. Using Lava, ecosystems can create incentive pools and attract the best infrastructure providers. Meanwhile, companies like Google Cloud operate as RPC providers.

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

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

Polosukhin noted that NEAR plans to further utilize Lava Network to expand with its chain abstraction.

$LAVA token launch and airdrop

Lava’s mainnet launch aims to bring its native $LAVA token to the market to further drive the growth of this incentive layer. Lava has drafted a $2 million incentive pool from its mainnet public chains. Lava will also be airdropping 55 million $LAVA tokens to the community, which will come after an initial high volatility and limited supply.

“By taking this radically unique approach, the Lava Foundation is encouraging participation and supporting decentralization,” said Lava Foundation president Amir Aaronson. Lava Network will support staking for $LAVA holders.