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Fluent launches Ethereum Layer 2, BLEND token
The Block·
Fluent has officially launched its Ethereum Layer 2 mainnet, introducing its native BLEND token alongside it. The project has secured substantial day-one liquidity, reportedly reaching $50 million. This development aims to enhance scalability and efficiency for Ethereum-based applications, potentially attracting more developers and users to its ecosystem. The introduction of the BLEND token is expected to play a key role in the network's governance and utility. This move signifies a growing trend in the crypto space towards developing more robust and performant Layer 2 solutions to address the limitations of existing blockchain infrastructure.
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Original Source
The Block — theblock.co