 | Ava Protocol (AP)   |
Ava Protocol is an intent-based Eigenlayer AVS that seamlessly enables private autonomous transactions for numerous use cases, such as DeFi, NFTs, and games. We’re enhancing decentralized applications with scheduled and recurring payments, stop-loss orders, streaming rewards, and more.
Extended Seed Round: $10M
Seed Round: $5.5M
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What is Ava Protocol
Ava Protocol is Web3’s hub for cross-chain automation, enabling multi-chain apps to schedule and automate any substrate extrinsic or EVM smart contract function. Ava Protocol is built to deliver trustless automation, dedicating its block space and optimizing gas to store, trigger, and execute transactions to connected blockchains.
Ava Protocol’s automation combines off-chain data streams with event-driven execution to automatically execute any transaction or smart contract function. Cross-consensus messaging (XCM) enables Ava Protocol to not only automate transactions on Ava Protocol, but also on any connected blockchains without tokens or private keys ever touching Ava Protocol. Ava Protocol’s trustless automation unlocks rich user experiences including scheduled and recurring payments, stable-cost-averaging, stop loss orders, and automatically-compounding rewards for staking, liquidity pool participants, and money market deposits.
As a layer one blockchain, Ava Protocol provides automation infrastructure that enables decentralized applications to automate single or recurring transactions using a simple “if this” condition and “then that” transaction instruction.
Ava Protocol Roadmap
- Event Registry Proof of Concept
- Ava Protocol Website Design Rebrand
- Kusama crowdloan for Turing (TUR) Network parachain
- Neumann Testnet Launch (Testnet)
- Neumann is a parachain version of the forenamed “Ava Protocol Testnet” in the PolkadotJS App
- Onboarding community collators (closed set) to the Neumann testnet
- Event Registry (Event VM): development and testing of the core time-based event data structure
- Missed events implementation: handling missed tasks for a given time slot
- Triggers: time
- Actions: sending an event, and wallet-to-wallet transaction for NEU
Apps
Blockchain
- Blockchain SDKs for developers (JS) - DApp Competition
- Turing Automation DApps: transparency for the end-users’ transactions
- DEX integration with select partner
- Yield farming integration with select partner (e.g. adjusting composable yield strategies based on personal risk profiles)
- Wallet integration with select partner
- Turing Network Launch (Kusama Parachain)
- Turing Network is fully decentralized
- Onboarding more collators to the Neumann & Turing Networks
- Security & technical audits
- Time specificity: crafting granularity in when a task is to be triggered and at what slippage
- HRMP Channels to select partners (Karura, Parallel, Khala)
- Triggers: staking events
- Actions: recurring actions, cross-chain asset transfer
Apps
Blockchain
- Polkadot crowdloan app for Ava Protocol
- Auto-compounding with select partners
- Liquidity pool compounding with select partner
- Portfolio and other DApp integrations with additional partners for Turing
- Removal of sudo for Turing Network
- EVM integration with select partner
- Node infrastructure performance optimization
- Customized triggers for consumers and developers
- Triggers: price, XCMP events
- Actions: smart contracts, limit orders, XCMP events
Apps
Blockchain
- Trigges and Actions DApp Marketplace: an online marketplace where creators can submit automation DApps and consumers can opt to use them similar to IFTTT
- Ava Protocol Launch
- Ethereum bridge expansion
- Private automated tasks pilot
- Automation fees optimization
- Insurance fees pilot
- Refunding tasks pilot
- Customized triggers for consumers and developers
- Triggers: smart contracts, external data feed (weather, etc.)
- Actions: IoT actions
Apps
Blockchain
Funding Details
Token distribution
18% - Seed Round
15% - Team
8% - Pre-launch Round
5% - Public Offering
9% - Developer Incentives
8,5% - Community Growth
8% - Strategic Partnerships
1,5% - Crowdloan Reward
3% - Parachain Slot Reserve
24% - Ecosystem Reserve
Project team
Advisors
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