Thread by @lavanetxyz

Day 0 for Lava.

2.3m+ monthly users. 40+ blockchains. 80bn+ RPC requests.

You already use Lava without knowing. Now you can contribute.

The Network Revenue Switch turns on 👇

Chains such as @NEARProtocol, @Starknet and @cosmoshub are paying the network a total of $1m+ to provide high-performance infrastructure --> RPC.

What is RPC? Don't worry, simply put:

Our service is essential for all onchain activity such as:

✅ transactions
✅ minting
✅ checking your wallet balance
✅ swapping
✅ staking
✅ deploying smart contracts

Every 17th of each month, network revenue will be distributed to Lava Network contributors.

This month, ATOM from Cosmos Hub was distributed for the first time.

Next month, it will be STARS, EVMOS and ATOM tokens.

You're already using Lava in your dapps and wallets without knowing:

> 2.3m+ monthly users
> 77bn+ all time RPC requests
> 40+ chains supported

Now you can contribute and earn rewards as part of the network.

Contributors on Lava can:

- Run Validators
- Run RPC nodes and provide data
- Stake and Restake LAVA

https://twitter.com/1510514454559174664/status/1838556045318275077

Restakers secure the Lava blockchain and boost top Providers, so they handle more RPC requests.

How does restaking on Lava work?

1. Stake to a Validator on the Lava blockchain.
2. Restake that stake to a Provider and select a chain they're supporting
3. Earn tokens from that chain if they have an incentive pool on Lava

Lava has zero inflation.

Zero.

Instead of inflated tokens, network contributors are paid with the revenue generated from paying customers (blockchains).

https://twitter.com/1510514454559174664/status/1823373472019718268

Revenue switch for Lava Mainnet is ON.

We are building for true utility.

gmagma. 🌋

Start here: bit.ly/4hia6Iz