32 C
Saturday, June 22, 2024
BlockchainGelato Network Unveils Lisk L2 on Optimism Pioneering Blockchain Interoperability

Gelato Network Unveils Lisk L2 on Optimism Pioneering Blockchain Interoperability

- Advertisement -spot_imgspot_img
- Advertisement -spot_imgspot_img

Gelato Network, known for its role as a service provider in the Web3 industry, has reached a significant milestone with the introduction of the Lisk L2 Developer Mainnet. This announcement represents a pivotal moment for Gelato as it expands its reach and improves its offerings within the decentralized ecosystem.

The launch of the Lisk L2 Developer Mainnet is not just a regular update; it is part of Gelato’s strategic plan to deepen its integration with the Optimism network, ushering in a new era of interoperability and efficiency in blockchain technology.

During the initial Devnet phase, Gelato worked on setting up essential infrastructure components such as bridges, decentralized exchanges (DEXs), and applications to prepare for the public mainnet launch. This phase was crucial in ensuring the seamless integration of Lisk L2 into the Optimism network, known as the Superchain.

This integration aims to boost sequencer revenue and contribute to a unified network of rollups that will transform the interactions between developers and applications in the blockchain space.

The transition of Lisk Devnet to become the first Layer 1 blockchain moving to Optimism’s network signifies a major advancement in the blockchain industry. This migration leverages Optimism’s OP Stack to create a cohesive framework for rollups, improving communication, security, and governance within the network.

The Superchain, now including Lisk among its 13+ chain integrations, supports asset bridging without fragmentation, shared governance through the OP Collective, and a robust security model that benefits all participating chains.

In addition, Gelato Network has expanded its ecosystem to include over 17 infrastructure providers, offering a wide range of services to enrich the chain’s environment. These providers offer various Web3 functionalities like bridging, reliable data feeds, user interface solutions, and comprehensive analytics.

The launch of the Lisk L2 Developer Mainnet on Gelato marks a significant milestone for the @LiskHQ community. During the Devnet phase, bridges, DEXs, and apps were deployed in preparation for the public mainnet launch. Lisk L2 has joined the Superchain by contributing sequencer revenue to the @optimism collective.

This robust infrastructure supports numerous applications and developers, including well-known entities like Velodrome, Thirdweb, and the Secret Network, enhancing the developer experience through improved interoperability and advanced capabilities.

The growth metrics from Lisk’s Q1 performance demonstrate the impact of these developments. Since the inception of the testnet, over 32,000 wallets have been created, facilitating more than 10,000 contracts and driving daily transactions to exceed 43,000. The testnet has processed over 6.3 million transactions, highlighting the platform’s scalability and strong demand for its services.

Gelato’s integration with the Optimism collective and the launch of the Lisk L2 Developer Mainnet are not just technical upgrades but are crucial in shaping the future of decentralized finance (DeFi) and decentralized applications (dApps). By enabling seamless cross-chain functionality and fostering a collaborative environment under the OP Collective governance, Gelato is setting new standards in the blockchain industry, driving innovation, and simplifying the complexities of decentralized networks.

- Advertisement -spot_imgspot_img
Latest news
- Advertisement -spot_img
Related news
- Advertisement -spot_img


Please enter your comment!
Please enter your name here