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ChainCatcher news, according to CoinDesk, Aave's parent company Avara announced that its Family self-custody wallet now supports registration via email or SMS, eliminating the need for a mnemonic phrase, enhancing user experience. The wallet supports asset management across EVM chains and strengthens security by combining device keys such as fingerprint and facial recognition. Avara also launched the development tool ConnectKit to facilitate third-party integration with the Family Wallet.

ChainCatcher news, according to TechCrunch, Avara, the development company behind Aave, Lens, and Family, has completed a $31 million financing round for the social protocol Lens, led by Lightspeed Faction, with participation from Avail, AlchemyPlatform, Circle, Consensys, DFG, Fabric Ventures, Foresight Ventures, Superscrypt, Re7Capital, Wintermute Ventures, Caliber Ventures, G-20, Blockchain Coinvestors, Borderless Capital, and Bodhi Ventures.Avara founder Stani Kulechov stated that the Lens v3 version will launch on the mainnet in the first quarter of 2025, utilizing zkSync and validiums technology to reduce transaction costs, aiming to provide infrastructure for decentralized social applications.According to the Web3 asset data platform RootData, Avara was renamed from Aave Companies and is a vibrant collective of pioneering brands in the decentralized finance and social space, including Aave, Lens, GNO, and others.

ChainCatcher news, according to official sources, Aave Labs and Lens parent company Avara announced the launch of a non-custodial crypto wallet called Family, which comes with a built-in messaging feature.According to the introduction, Family can be downloaded for free from the iOS App Store, suitable for users ranging from beginners to experienced crypto users, and is designed to help users trade or explore Web3.

ChainCatcher news, the Solana meme coin leverage platform Lavarage officially announced the launch of the Tephra Points Program. The program aims to incentivize users' trading, staking, and community participation through a series of regular "missions." Tephra Points reward users for their platform activities through a points system. The plan is to distribute points through tasks released every two weeks, with the specific content and point allocation of each task adjusted according to the platform's needs.According to official information, the first batch of Tephra tasks (Mission 1) has already begun, and early participating users can check their Tephra Points balance on the platform. New users can also accumulate points by participating in platform activities.According to a previous tweet from Lavarage co-founder Fire, there is a strong possibility that Tephra Points will be related to future token issuance.It is reported that since the platform went public at the end of June this year, Lavarage has processed over 5,000 leveraged spot trades.

ChainCatcher news, Solana meme coin leverage platform Lavarage co-founder Fire introduced the operation mechanism of its points system "Tephra" in a tweet:The Tephra points system aims to reflect users' contributions to the platform by rewarding their economic activities (such as paying transaction fees and increasing total locked value TVL), thereby promoting the alignment of interests and mutual growth between the platform and its users. Unlike other airdrops, Lavarage's points system creates long-term substantial value for the platform.Fire stated that the platform will gradually roll out 8 to 10 two-week "missions" for users to earn Tephra points (speculated that the token may be launched in the fourth quarter). The missions will balance the points distribution among traders, liquidity providers, and partners through engaging interactions, aiming to establish the fairest and optimal reciprocal structure before the token launch, maximizing its long-term value.The platform will recently clarify doubts for users through an AMA, aiming to strengthen the agreement and trust between the platform and its users. Fire looks forward to creating significant value with community members and achieving major breakthroughs in the DeFi space together.

ChainCatcher news, according to DLNews, informed sources revealed that Avara founder and CEO Stani Kulechov is seeking to raise $50 million from American venture capital firms to fund the social media platform Lens Protocol, which will bring Lens Protocol's valuation to $500 million.When asked about the token issuance of Lens Protocol, Kulechov stated, "we haven't gotten to that point yet." The current main goal is the upcoming Lens Network, a native network built on the ZKsync technology stack.

ChainCatcher news, the Fantom Foundation announced on platform X the introduction of Aave and Avara founder Stani Kulechov as an angel investor. Previously, the Fantom Foundation also announced the introduction of Superstate and Compound founder Robert Leshner, as well as Gauntlet founder Tarun Chitra and Frax Finance founder Sam Kazemian as angel investors participating in the latest funding round for the project.

ChainCatcher news, according to The Block, the blockchain technology company Aave Companies has been renamed Avara. Avara will become the parent company of Aave, Lens, the stablecoin GHO, Sonar, and other brands. Meanwhile, Avara has also acquired the Los Angeles Web3 startup Los Feliz Engineering, marking the company's second acquisition following the acquisition of the metaverse mobile app Sonar in December 2022.