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HomeCryptoBlockchainAave CEO Announces New Innovative Contracts Release on Lens Network

Aave CEO Announces New Innovative Contracts Release on Lens Network

  • Aave CEO not too long ago introduced plans to launch new revolutionary contracts on Lens Community.
  • Sensible contracts for social feeds and teams, ERC-20 new variations, and revolutionary ERC71 contracts are a number of the highlights.

Decentralized social media platform Lens Community is about to reinforce its options with new good contracts launch. Because the undertaking continues to be in its early levels, CEO Stani Kulachov introduced its plans to launch revolutionary good contracts.

Stani Kulachov is the CEO of one of many high DeFi protocols, Aave has provide you with the thought of creating Lens Protocol beneath Avara umbrella firm. When he playfully claimed to be the interim CEO of Twitter social community, he was banned from Twitter for a quick interval. This incident made Stani Kulachov to concentrate on the necessity for a decentralized social media platform and led to the event of Lens Community.

Progressive Sensible Contracts to Go Reside on Lens Community

We’re going to launch new set of revolutionary contracts on the Lens Community:

Social (increasing Feeds, Teams, Graphs, Username guidelines)
ICOs/crowdfunding
New flavour of ERC20s
Novel bonding curves
Progressive ERC721 contracts
Governance
Level methods
Earn applications

All might be open…

— Stani (@StaniKulechov) January 2, 2025

As per the most recent submit from Stani Kulachov on X, the crew is planning to launch a brand new set of revolutionary good contracts on the decentralised social media platform. A number of the new options they’ll concentrate on are enhancing their Social platform with feeds, teams, graphs, and username guidelines options.

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Releasing new variations of ERC20 and ERC71 contracts are different noteworthy options included with new contracts. Moreover, ICOs/crowdfunding, novel bonding curves, governance, level methods, and earn applications are a few of their further options. Since all of those developments are open supply, Stani Kulachov invited builders to expedite the good contract launch course of.

The Lens Protocol goals to be on the frontlines with regards to SocialFi growth. It not too long ago closed a $31 million strategic elevate in a funding spherical led by Lightspeed Faction. This substantial funding helps Lens Community growth to supply a user-friendly, cost-effective, and safe platform. With the most recent strategic elevate and plans to launch new contracts, Lens Community strives towards mainstream adoption of Web3 SocialFi.

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