Monthly Report: MVP Testing of Omnichain Yield Platform Now Accepting Reserve
November means significant for us. Lots of great news happened this month. We achieved another big milestone. The first omnichain yield platform eventually came out. At the same time, we got LayerZero & Stargate as our supporters for building the future of omnichain together. Check the details now. WAGMI!!
1. MVP of Omnichain Yield Platform Is Now Live
the MVP of Avault’s one-stop omnichain yield platform is now live. At the same time, our private MVP Testing will start. We will invite some users to get involved in our testing to help us to find & fix any issues: bugs, user interface, and others. Share with our community how Avault works and how to benefit from it.
Reserve your spot
Demo
2. Successfully Closed Pre-Seed Round
We have successfully completed our pre-seed round fundraising with $10 million valuation. The fundraise included participation from venture capital firms Next Web Capital, Cogitent Ventures, Web3GO Labs, and GTS Ventures. Avault was also invited to join the Microsoft Startups Founders Hub in July for early technical support.
3. Integrate with LayerZero & Stargate
Avault has reached in-depth cooperation with LayerZero & Stargate to promote interoperability, simplify the cross-chain interoperability process for users, and provide users with the opportunity to obtain omnichain yield with one click.
4. Community Call with Stargate
We held our second community call with Max, Layerzero’s Head of Special Project, and talked about Omnichain.
About Avault
Avault is a one-stop omnichain yield platform that aims to lower the threshold for users to use Web 3.0 DeFi Dapps. Users who hold one asset on one chain will be able to interact with Dapps on other chains in one click to complete cross-chain compounding, staking, lending, copy-trading, etc.
