Mask Network | Crypto

Aave hands stewardship of Lens Protocol to Mask Network, shifting the decentralized social platform’s focus from infrastructure toward consumer adoption and ecosystem growth. The post Aave Hands Lens to Mask Network, Doubles Down on DeFi Ambitions appeared first on Cryptonews.

Mask Network will lead consumer-facing product execution on Lens, while Aave steps back to an advisory role focused on protocol infrastructure. Decentralized finance (DeFi) protocol Aave transferred stewardship of the social infrastructure protocol Lens to Mask Network, shifting responsibility for advancing consumer-facing social applications while retaining Lens as open-source infrastructure. Statements from both Lens and Aave founder Stani Kulechov confirmed the transition. On Tuesday, Kulechov said in an X post that Aave’s role will narrow to technical advisory support as it refocuses on DeFi.  He added that Mask Network, a Web3 company focused on integrating blockchain features into social and messaging platforms, will be leading the next phase of development for Lens, particularly at the application and product layer. Read more