DeFi Company Aave Launches Social Media Developer Network Lens Chain

DeFi company Aave launches social media developer network Lens Chain

The Lens Chain mainnet was launched using the Ethereum overlay blockchain, a low-cost blockchain designed for developing decentralized social media applications.

Author: Ian Allison | Edited by Stephen Alpher April 4, 2025, 1:00 PM

Key points:

• This developer-focused Layer 2 environment is built on composable functions aimed at unlocking the economic potential of decentralized SocialFi.
• Lens has partnered with several DeFi and infrastructure projects such as Uniswap, Balancer, LayerZero, Circle, Consensys, and Chainlink.

Avara, the parent company of decentralized finance (DeFi) platform Aave, announced the mainnet launch of Lens Chain, a fast and accessible Ethereum overlay blockchain designed for developing decentralized social media applications.

There are currently a number of blockchain-focused or “Web3” startups that aim to offer users an alternative to large centralized social networks like Facebook and Elon Musk’s X (formerly known as Twitter).

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According to Avara CEO Stani Kulechov, a fertile protocol layer is needed to create better alternatives to existing social media giants. This means a developer-friendly Layer 2 environment supported by composable functions designed to unlock the economic potential of decentralized “SocialFi.”

“The direction we’ve taken with Lens over the last 12 months is to provide the best toolkit for developers building blockchain-based social networks,” Kulechov said in an interview. “We’ve found the optimal stack to run Lens Chain that provides the lowest possible transaction costs while still providing sufficient security for these social transactions.”

Lens Chain, a system that uses mathematical proofs to verify the validity of batches of off-chain transactions, has its own stablecoin, Aave’s GHO, to handle gas fees and its own decentralized data store. It offers a number of application building blocks for creating solutions such as composable social graphs, user channels, tokenized communities, and more.

The blockchain has partnered with several DeFi and infrastructure projects, including Uniswap, Balancer, LayerZero, Circle, Consensys, and Chainlink.

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