GVNR Prepares Mainnet Launch After Successful Proof-of-Concept Applications

GVNR, a communication protocol, is preparing to launch its mainnet following the successful deployment of its proof-of-concept applications. These applications aim to unify the fragmented Web3 ecosystem, allowing for seamless interoperability between different blockchain networks. The protocol envisions a future where users can interact with various blockchains as effortlessly as navigating web pages, eliminating the need for multiple wallets and reducing the risks associated with bridging and wrapping assets.

The protocol's goal is to create a unified runtime environment for all blockchains, enabling smart contracts to communicate across different chains without the need for intermediaries. This approach aims to streamline the user experience, making it more intuitive and reducing the complexity of managing assets across multiple networks. By avoiding bridges and wrapped tokens, GVNR seeks to mitigate tax risks and enhance security.

GVNR has already launched three live proof-of-concept applications to demonstrate its capabilities. GVNR Portfolio is a dashboard that allows users to view and control their tokens across connected chains from a single interface. JustPay is a checkout layer that enables users to spend any token on any chain to pay an invoice on a different chain, unlocking $500 billion in asset value. JustSwap is an aggregation layer for decentralized exchanges (DEX) that allows traders to swap tokens across connected ecosystems and gas new wallets with a single action.

These applications have processed over $450,000 onchain, with more than 26,000 users executing over 60,000 swaps, minting over 35,000 non-fungible tokens (NFTs) across ten chains, and logging over 143,000 transactions in total. Each interaction serves as a live demonstration of GVNR's ability to facilitate value transfer across different liquidity pools.

With the core technology demonstrated, GVNR is now focused on launching its native token, also named GVNR. This token serves as a multifaceted utility asset, powering the entire network and enabling decentralized governance, staking, and payments. The token has a capped supply of 20 million and is available to the public through a sale on Republic. GVNR token holders will have governance rights through the GVNR DAO, which is designed to steer the protocol and drive value back to the token holders.

The token's design includes a deflationary furnace mechanism, which uses network fees to permanently reduce the token supply. This aligns network growth directly with holder value, supporting the vision of mobilizing a new era of crosschain liquidity. As foundational routing layers like GVNR mature, they abstract away the complexity of underlying blockchains, shifting the industry towards a more unified landscape where digital value can move freely.

Looking ahead, GVNR envisions a new permissionless era for Bitcoin. The team is developing a permissionless Bitcoin DeFi loan product named Diamond Hands, which will enable non-custodial native Bitcoin DeFi loans. This product aims to provide Bitcoin with the same DeFi loan capabilities that other assets like ETH and SOL have enjoyed, without the risks associated with wrapping, bridging, or centralized entities.