$LAVA (often referring to Lava Network) is a decentralized blockchain infrastructure project designed to improve how applications and developers access and interact with multiple blockchains. Its goal is to provide a reliable, scalable, and decentralized access layer for blockchain data and services by connecting node providers, applications, and users in a marketplace for Remote Procedure Call (RPC) and API access — the backbone of blockchain interaction that lets wallets and apps read data or send transactions.
The LAVA token is the native cryptocurrency of the Lava ecosystem. It’s used for things like paying for network services, staking and securing the network, earning rewards, and participating in governance decisions about upgrades and policies. The network supports many blockchains and aims to reduce reliance on centralized data providers, making blockchain access more decentralized and resilient.
In short, Lava is building infrastructure for Web3 that improves data access across blockchains while aligning economic incentives for participants through its token.
LAVA
Alpha
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