TechFlow news, Ava Protocol (formerly OAK Network) has launched on the Ethereum mainnet as an EigenLayer AVS for smart contract automation.
Ava Protocol describes itself as "intent-based infrastructure," aiming to enhance Web3 transaction efficiency, privacy, and composability. The protocol enables developers to integrate event-driven hyper transactions without custom code, simplifying complex on-chain operations and supporting automated tasks such as payments and dynamic NFT minting. This launch follows a successful testnet phase and leverages Ethereum's pooled security from validators, potentially revolutionizing smart contract automation.
Previous report, Ava Protocol raised $10 million in seed funding, with participation from Polygon's founder and others.
