Asva Labs all set to catalyze the Web3 revolution
“Interoperable and scalable applications for the DeFi, NFT, and metaverse ecosystems underway”
The incredible growth of the crypto, DeFi, and NFT sectors in a short space of time, despite all the hiccups and setbacks, prove beyond a doubt that the future is decentralized.
However, the question remains
Will they keep up the pace of growth?
The decentralized realm is riddled with issues of network congestion, ever-rising transaction fees, and liquidity crunch. Much of it can be attributed to the silo existence of blockchain ecosystems and the lack of scalability. Unless they can seamlessly interact with each other and facilitate cross-chain transactions efficiently, the mass adoption of blockchain will remain a distant dream.
Asva Labs, one of the pioneer cross-chain ventures to tackle the scalability & interoperability puzzle head-on, is well-geared to change the face of DeFi and NFTs for a democratic, decentralized tomorrow.
Let’s see how.
Asva Labs takes cross-chain technology to new heights
Asva Labs set foot into the decentralized space to fuel next-gen applications for DeFi, NFTs, and metaverse tapping the full potential of Web3 technologies and Substrate framework.
Asva Labs builds cross-chain interoperable apps with remarkable scalability to address the existing limitations of the industry. The much-awaited products from Asva Labs are Asva Finance — a cross-chain money market protocol with an interoperable dashboard and Asva Virtua Space — a full-fledged on-chain metaverse powered by NFTs.
Asva Labs is designed to be compatible with multiple blockchains like Polygon, Polkadot, Binance Smart Chain, Solana, and a lot more, expanding the purview of blockchain capabilities. The team strives to bring DeFi, NFT, and metaverse to the mainstream through cross-chain technology.
Asva Labs products
1. Asva Finance
Asva Finance is a cross-chain money market protocol built to bridge the gap between supply and demand in the DeFi ecosystem. It features an interoperable dashboard based on Polkadot, a one-stop solution for an array of DeFi use cases like cross-chain liquidity aggregation, lending, borrowing, yield farming, and asset management. It helps you keep track of your earnings and holdings from one place and make informed decisions on time.
What sets apart Asva Finance?
- Asva Finance utilizes open API solutions to aggregate cross-chain liquidity from multiple Automated Market Makers. This ensures that the platform has a steady source of liquidity and facilitates hassle-free transactions near-instantly at low costs.
- Asva Finance will provide a smart cross-chain platform for crypto lending and borrowing by pooling the combined capability of platforms like Compound, Maker, and venus. The service will be blockchain-agnostic. Asva Finance also puts forth decentralized borrowing against fractional NFTs.
- Asva’s smart yield aggregator solution features diversified portfolio management, automated portfolio rebalancing, gas savings, and high transaction speed. It lets you earn rewards on top of your share of transaction fees.
- Asva Finance will be a one-stop solution for all your DeFi activities. It will give you a bird’s-eye view of your trades, investments, stakes, borrowings, and earnings from a single interoperable dashboard. This way, you can make informed decisions without juggling between different applications.
2 Asva Virtua Space
Asva Virtua Space, as the name implies, is a virtual world. But, powered with some exciting DeFi and NFT features.
For starters, it is an on-chain ownership-based platform that hosts a fascinating gamified realm for artists, collectors, and players to seamlessly interact with each other and monetize their contributions. Virtual real estate, 3D digital arts, and digital collectibles, are created, sold, and exchanged here as NFTs hosting a full-scale marketplace.
While Creators create digital artworks, paintings, sculptures, 3D models, buildings, concepts, and games, Collectors buy them from Asva NFT Marketplace or virtual exhibitions and safeguard them in their virtual houses. Later, they can sell them at auctions and earn returns. The Asva VR world is empowered by its economy and governance.
The defining features of Asva Virtua Space include true digital ownership, interoperability, and decentralized asset exchange.
$ASVA token is the native token for the entire Asva ecosystem. It facilitates transactions on Asva platforms and puts its incentivization and governance systems into action. The primary utilities of the token include staking, liquidity mining, yield farming, incentivization, and voting.
$ASVA token is compatible with both Asva Finance and Asva Virtua Space. Transaction fees on the Asva DeFi protocol and trades on Asva Virtua Space are paid in $ASVA tokens.
A democratic, decentralized financial system technically and monetarily accessible to all that leverages the combined potential of different blockchain networks and dApps.
Scalable and cross-chain DApps are the answer to the prevalent issues in the DeFi and NFT sectors. Intuitive interoperable applications and solutions from Asva Labs, with relevant cross-chain money market and NFTs use cases, are built using robust technology on the cutting edge to meet the growing demands in the industries. They will pave the way for the mass adoption of DeFi through usability and interactivity.