Avail Launches its Data Availability Mainnet Avail DA and its Native AVAIL Token
Avail launched its data availability mainnet, Avail DA, and its native AVAIL token. AVAIL is used to pay for data availability fees and ensure network security through staking. The project aims to optimize data availability and help developers build more scalable and cost-effective chains. The total supply of AVAIL is 10 billion, with 60 million already airdropped to eligible participants. Avail is led by Anurag Arjun, former co-founder of Polygon, and plans to launch the interoperability layer Nexus and the secure network layer Fusion.
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