Suzaku Completes $1.5 Million Financing to Support Avalanche Decentralized Network Expansion
According to news from HashChain, the official Avalanche blog announced that the Layer 1 blockchain decentralized hub Suzaku has completed $1.5 million in financing, through methods including seed rounds, public offerings, and donations. Avalanche introduced that Suzaku, as a (re)staking protocol, is committed to helping Avalanche's Layer 1 nodes securely expand and decentralize its validator set. The protocol fills a critical infrastructure gap in the Avalanche ecosystem by providing Layer 1 nodes with a structured path from centralized validation to fully permissionless decentralization.