Thread by @0xSalazar

Why you should be keeping a close eye on $AVAIL

Avail = Unification Layer = Celestia (DA) +Wormhole (Interop) +  Eigen (Restaking)

A DYOR Avail🧵

In this thread, we’ll focus on

- @AvailProject’s components to unify web3 fragmentation (DA, Nexus, Fusion)

- Avail background and solid team

- $AVAIL token utility

1/  Let’s have a look at the components of AVAIL

• Avail DA (Not your average DA as compared to Celestia)

• Avail Nexus (zkR trustless communication, far better than Wormhole)

• Avail Fusion (Mix of Eigenlayer and Babylon)

2/ • Avail DA

Avail is solving rollup fragmentation at scale from first principles with Avail DA, a foundational data availability layer that implements the same technology planned for ETH’s danksharding roadmap, including KZG Commitments and Data Availability Sampling (DAS)

3/ • Avail Nexus

With thousands of Rollups springing up to scale ETH, fragmentation arises (Bad UX). Bridges can be a solution but come with trust assumptions.

Nexus solves this— trustless communication between Rollups. It is a cross-chain zk Rollup.

ZK here is to prove each Rollup is orderly and executions are valid

https://twitter.com/1508458204866486283/status/1763594133586035077

4/ • Avail Fusion
Fusion is Avail’s security layer.

It will be secured by the native assets of most mature ecosystems, including BTC, ETH, and others.

Fusion’s approach will bolster Avail's cryptoeconomic security & will be the first instance where foreign

tokens like ETH & BTC are utilized to power consensus on a different chain.

https://twitter.com/1508458204866486283/status/1765088924635152388

5/ I wrote in detail on their 3 unification components here

https://twitter.com/1481619338599841792/status/1764619304803471867

6/ Now, let’s look at Avail’s background.

 Avail raised $27M in seed round led by Peter Thiel’s fund which have invested in visionary companies like SpaceX. They must’ve seen the potential in Avail’s vision as well.

Avail is led by @anuragarjun, ex-Polygon co-founder and @prabalbanerjee, ex-Polygon Lead Researcher; $AVAIL has the potential  repeat the story of $MATIC from 2021 in terms of price.

https://twitter.com/1508458204866486283/status/1762114101881537009

7/ So why should you stake $AVAIL?

Well, firstly you can get airdrops 👀

Avail’s ecosystem grows day by day and also has BTCfi projects in it. If you stake $AVAIL, you may receive an airdrop from tokenless ecosystem projects.

8/ Apart from Staking benefits, $AVAIL will be used for:
- Pay for DA fees (usage)

- Pay fees when using Nexus (bridging & sequencer usage)

- Secure the Avail Network (Staking)

- Vote on changes (governance)

9/ I’m going to be keeping a close eye on $AVAIL
@AvailProject is going to be huge.

They have the tech, the team background, and the strategy as well. Bullish!