#LensChain – the emerging blockchain platform developed by the Aave team – has just announced that it will integrate GHO as the official gas token for its network. GHO is Aave's decentralized stablecoin, over-collateralized and pegged to the USD, helping stabilize transaction fees and making costs predictable when using the Lens Chain network.

Why Choose GHO?

  • Stability: Since #GHO is pegged to the USD, users will not have to worry about price volatility as they do with other tokens.

  • Seamless Integration: GHO will be connected through ZKsync's sharing bridge, making it easy to mint GHO on layer-2, creating a strong liquidity pool for the ecosystem.

Lens Chain and Ambitions of Decentralized Social Networks

  • Lens Chain is a Validium blockchain, developed with the goal of becoming the infrastructure platform for Lens Protocol – a decentralized social network where users control their data and interactions, free from third-party control.

  • Advanced Technology: Lens Chain utilizes ZKsync and Avail technology to ensure safe and efficient data storage.

  • Growth Potential: The project has raised $46 million from funding rounds, including $31 million from a funding round led by Lightspeed Faction in December 2024. Lens Chain's ambition is to reach a valuation of $500 million.

The Future of SocialFi

  • Lens Protocol is not just a blockchain but also an important piece of the SocialFi (Social + DeFi) ecosystem, where users can share and interact through secured content.

  • Innovating for Users: Lens has reduced the ownership fee for Lens Profiles to 8 MATIC to facilitate user experience with the protocol.

Ready for Mainnet

  • Lens Chain is in the final development stage and is expected to launch the mainnet soon, marking an important turning point for SocialFi.

  • Choosing GHO as the gas token not only provides stability for users but also helps shape the future of SocialFi on this blockchain.

Risk Warning

Investing in crypto always involves high risks and is not suitable for everyone. Lens Chain is on a growth trajectory and has significant potential, but investors need to be cautious and conduct thorough research before making decisions. #anhbacong