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Lava Financial

Contract address

Lava Financial is a hybrid Node-as-a-Service on AVAX with the protocol owned liquidity dynamics of OHM and NODE dynamics inspired by STRONG . LAVA tokens will be stakeable and set number of lava tokens will be required for a full node. LAVA nodes will emit nLAVA which would represent the yield on nodes and which can be redeemed. Unlike other forks, for those who cant or don't want to buy a full node, there will be a pool where the tokens can be staked and where deposits are aggregated to buy single nodes so users still get the return and benefits offered to full node holders. Lavas treasury will be used to purchase validator nodes in blue chip tokens like avax, ftm, and sol, as well as yield protocols such as Olympus. A proposal is also in the works to use treasury liquidity invest in private projects, like a launchpad or incubator, but with no minimum staking requirements. Rewards will then be distributed to node holders and stakers.

1 Audit

Last audit was made at 02/01/2022
Audit

Audit

Iteration (02/01/2022)
Onboarded on 02/01/2022
6
All Findings
6
Unresolved
0
Acknowledged
0
SemiResolved
0
Resolved
0
Critical
1
Medium
5
Minor
1 Unresolved
5 Unresolved
Background

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