Asva Community Update June- Redefining Multi-chain DeFi

With some game-changing partnerships and technical developments under the belt, it has been another jam-packed month for Asva. We have been working hard on getting the first of its kind cross-chain DeFi solutions to market and shaping our ecosystem.

If you missed out on the updates and developments from June, here is a recap of the key highlights.

Partnership Developments

Asva Finance joined forces with some of the leading DeFi ventures in June as part of expanding our multi-chain DeFi capabilities. Let’s take a quick look at how each partnership will cater to that mission:

Raze Network: Raze Network is a substrate-based, cross-chain privacy protocol built for the growing DeFi and Web 3.0 ecosystem. Asva finance will leverage Raze protocol to fulfill the privacy and security aspects of our interoperable DeFi solutions. Raze integration will protect the identity of both the sender and receiver in transactions facilitated on Asva Finance.

Learn more about the partnership here.

Idavoll Network: Asva Finance is slowly moving into a DAO structure. Eventually, we plan to hand over our governance system to the Asva community. To set that vision into motion and define our unique DAO structure, we have partnered with Idavoll Network — a DAO platform that provides infrastructure and services to projects on the Idavoll Network and Polkadot parachains. Idavoll will help us integrate a customized regulatory and governance framework into our ecosystem.

Learn more about the partnership here.

Kylin Network: Kylin Oracle is a robust decentralized data feeding protocol powered by Polkadot offering multiple, real-time data sources with complementarity and synergy to off-chain workers. We will leverage Kylin oracle to supply data feed for the seamless functioning of our DeFi solutions. Kylin Network will offer us fast, reliable, and valid on/off-chain market data and social data by leveraging the power of the Substrate framework on open networks.

Learn more about the partnership here.

Hypersign: Hypersign is a simple-to-use authentication and security solution that secures user data by combining Public Key Infrastructure with blockchain. Hypersign partnership will address issues related to user-level security, authentication, verification, and authorization of user data. By integrating the new set of privacy functionalities, we will eliminate data breaches, empower individuals to regain control of their personal data, and democratize security on Asva Finance.

Learn more about the partnership here.

Asva Finance Roadmap is Out

We have drafted an action-packed roadmap for the next 4 quarters that will reinforce our position as the pioneer cross-chain DeFi aggregation engine in the world. Asva team has had their noses to the grindstone for the past few months, developing cutting-edge interoperable DeFi solutions for the fast-emerging crypto community. As we cross new milestones, objectives and strategies have evolved to reflect the shift in the DeFi industry and this roadmap will give you a peek into what that is going to look like in the coming months.

The new roadmap will define the key areas of engineering, ecosystem development, and a suite of new product features and functionalities that will play an integral role in projecting our unique value propositions in the market.

Asva finance Roadmap

Asva Finance V1.0 Testnet Launch

One milestone that we have been the most excited about in the last month — the release of Asva Finance testnet V1.0 on BSC and Polygon. Featured with multi-chain token swaps, the launch has been an incredible success. We are super thrilled that our efforts have been paid off. The architecture of the testnet with multi-chain functionalities stands testimony to the advanced potential Asva Finance holds for the DeFi industry.

$ASVA Token Contract Audit Report

Asva token contract completed a comprehensive security audit by the leading blockchain auditing firm, Quillhash. Quillhash provides smart contracts auditing services, DeFi safety audits, and cybersecurity solutions for blockchain and crypto products. Quillhash flashed the green signal to Asva token smart contract after ensuring that it has fulfilled all criteria mention in different stages of the security audit from manual code review to automated testing and the meticulous final scrutiny.

ASVA Ambassador and Community Superheroes Program

We have raised the curtains for our much-awaited Ambassadors and Community Superhero Program. The program is dedicated to everyone who wants to be a part of our project and play an active role in the growth of the Asva ecosystem. We intend to onboard dynamic, zealous individuals who have the potential to take new turns in the blockchain, cryptocurrencies, DeFi, and NFT evolution through the program.

Telegram Sticker Competition & Giveaway

Asva Labs hosted an amusing giveaway competition for our users as part of building the Asva online community on Telegram, Twitter, and Medium. Users with a flair for design were given an excellent opportunity to showcase their creativity while getting the chance to win BUSD l. 5 winners with the best submissions were selected at the end of the contest and rewarded from a pool of $200.

Looking into July

We have a lot in the pipeline for July!

Strategic partnerships with leading ventures and individuals in the DeFi industry, technical developments, expansion of products features and functionalities, and some amusing contests to stir more engagement in the Asva community.

Stay tuned, we will keep you posted.

About Asva Finance

Asva Finance is a cross-chain DeFi aggregation engine that leverages the combined potential of DeFi protocols from multiple blockchains. The interoperable DeFi dashboard offers a wide range of cross-chain money market services like lending, borrowing, yield farming, and asset management. The advanced cross-chain routing mechanism on Asva Finance equips users to access services on different protocols at the best rates from one single interface.

Asva Finance is a premier product from Asva Labs, the world’s pioneer platform to fuel interoperable applications for DeFi, NFT, and the metaverse.

We push the boundaries of DeFi tapping into existing web3 blockchain technologies and multi-chain DeFi protocols to provide one-stop interoperable DeFi solutions.

📢Stay up to date with the latest news from Asva and engage with other community members through our social media platforms:

Website | Twitter | Telegram | Telegram announcements | medium




Asva Labs is an innovation lab that is building a decentralized Web3 financial ecosystem for emerging virtual economies.

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Asva Labs is an innovation lab that is building a decentralized Web3 financial ecosystem for emerging virtual economies.

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