On January 9th, the Avalanche Foundation announced that VIA Labs has received a grant through the InfraBUIDL () program. VIA Labs is using the funds to develop the Avalanche ecological cross-chain protocol Proto-USD.
According to the presentation, Proto-USD simplifies cross-chain liquidity, enabling USDC to easily transfer between Avalanche L1 and other networks, with the aim of improving the accessibility, scalability, and overall connectivity of the Avalanche ecosystem.
Avalanche Foundation grants VIA Labs to develop cross-chain protocol Proto-USD
2025-01-09 00:14:24
Message avalanche foundation announced via labs passed infrabuidldesk3cryptocurrencydesktopCrypto News
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Avalanche基金会向VIA Labs提供grant，用于开发跨链协议Proto-USDNext article：
灰度对旗下基金成分权重进行季度更新，添加SUI、LPT、CRV等
