Neon Labs plans to launch the EVM-compatible mainnet on Solana on December 12

2022-11-07 20:41:15

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ChainCatcher news, Neon Labs plans to launch the Ethereum-based smart contract layer Neon EVM on the Solana chain on December 12.

Marina Guryeva, founder and CEO of Neon Labs, stated that Neon allows developers to migrate code directly without the need to rewrite it in Rust. After its mainnet launch, Ethereum projects such as Aave, Curve, and Sobal plan to deploy on Neon EVM.

According to previous reports, in November 2021, the crypto startup Neon Labs, which builds EVM development environments on Solana, completed a $40 million private funding round, led by Jump Capital, with participation from Three Arrows Capital, Solana Capital, Rockaway Blockchain Fund, Ethereal Ventures, and IDEO CoLab Ventures. (The Block)

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