Publicizes Cornucopia: A Multi-Asset Liquidity Program for Public Mainnet Beta
GRAND CAYMAN, Cayman Islands, Jan. 28, 2025 /PRNewswire/ — The Movement Network Foundation, the group devoted to fostering innovation and advancing the adoption of MoveVM expertise, at present introduced the Developer Part of its Public Mainnet. This part continues the momentum from December’s preliminary mainnet launch and establishes the inspiration for Motion’s Public Mainnet Beta, scheduled for launch in mid-February.
As a part of this milestone, Motion Community Basis additionally introduced Cornucopia, a multi-asset liquidity marketing campaign that may launch alongside Public Mainnet Beta. This complete liquidity program goals to speed up ecosystem progress by offering the important basis for DeFi functions, enabling deeper market effectivity, and fostering elevated protocol adoption from day one.
Developed in partnership with Concrete, Veda Labs, Echelon, and Canopy, this system will characteristic a number of specialised vaults: The BTC vault will characteristic Lombard, Lorenzo BTC, and SolvBTC. The ETH vault will characteristic EtherFi and Renzo (ezETH). The $MOVE vault will characteristic Motion’s liquid staking protocols, Thunderhead, Movernance, and Meridian. Anchoring this system is a $100M Ethena secure vault, demonstrating a big institutional dedication to Motion’s DeFi ecosystem.
On December 9, 2024, Movement Network’s initial mainnet beta launched with restricted performance, together with permissioned good contracts and commemorative NFTs. It additionally allowed foundational elements to start deploying, together with follower nodes and indexers.
Immediately, the Developer Mainnet permits ecosystem companions to start deploying their protocols and apps on Motion’s community. From now by means of mid-February, growth groups will systematically implement core infrastructure and take a look at integrations, making certain a sturdy setting for Public Mainnet Beta.
MOVEMENT’S KEY MILESTONES:
Developer Mainnet (January 28):
- Core infrastructure deployment begins
- Chosen companions and DeFi protocol implementation window opens
- Technical documentation and developer assets launch
Public Mainnet Beta (mid-February):
- Full community performance goes reside
- Bridge assist by way of LayerZero integration
- Permissionless DApp deployment
“The deployment of Motion Developer Mainnet and Cornucopia marks the start of a brand new period for blockchain growth. By structuring our launch to incorporate each technical infrastructure and day-one DeFi liquidity, we’re creating an ecosystem the place builders can leverage Transfer’s sturdy security measures whereas accessing Ethereum’s large scale. This coordinated method ensures we’re delivering quick worth for each builders and customers,” mentioned Cooper Scanlon, Co-Founding father of Motion Labs.
For extra details about Motion’s Developer Mainnet, go to movementnetwork.xyz or observe @movementlabsxyz, @movementfdn, @moveecosystem @Move_Collective on Twitter.
About Motion Community Basis
Movement Network Foundation is the driving drive behind the Motion ecosystem, devoted to fostering innovation and advancing the adoption of MoveVM expertise. The muse oversees the event of Motion Community, a next-gen resolution constructed utilizing MoveVM that settles to Ethereum. By its MoveDrop program and ecosystem initiatives, the inspiration helps builders, tasks, and neighborhood contributors in constructing decentralized functions. Study extra at movementfdn.xyz or observe @movementfdn on X.
