Movement launches Public Mainnet Beta with a $250M starting TVL

The Network Foundation movement launched Public Mainnet Beta movement, with a deployment of intelligent contracts without authorization and a canonical movement bridge.

According to a press release sent to Crypto.News, the Public Mainnet movement is the first chain based on the movement that sets in Ethereum (Ethn). It offers users an intelligent contract deployment without authorization and to integrate users, allowing developers to build and freely use movements.

The Mainnet was posted on March 10 at 8:00 am PST (3:00 pm UTC), giving users access to key functionalities, including the canonical bridge powered by Layerzero. With the bridge, users can transfer the movement of the native gas token (MOVE) as well as other major tokens on the cryptography market such as the USDT (USDT), USDC (USDC), WBTC (WBTC), Weth, and more to the motion chain.

In addition, the certificate of block states will be attached to Ethereum within the framework of the Rapidity Rules of the Movement. THE Mainnet plans to launch more features because the ecosystem continues to evolve alongside its user community.

Co-founder of Movement laboratoriesRushi Manche has said that users can now engage with the movement’s ecosystem in a way that they could not before. The developers will no longer require approval to rely on the ecosystem thanks to the intelligent contract function without authorization from Ethereum.

“This marks the start of a new chapter for movement -based technology, combining robust security and better performance with the effects of the Ethereum network,” said Manche in a statement.

In addition, users would not have to worry about the main liquidity. The Cornucopia program provides a movement network with one day liquidity through the BTC (BTC), Eth, move, and stable Active, resolve one of the main challenges faced by new networks: the problem of “cold start”.

With strategic partnerships involving industry leaders such as Concrete, Veda Labs, Echelon and Canopy, the Cornucopia program of Movement Labs teams the Mainnet to support the DEFI applications during the launch.

“Securing more than $ 233 million on TVL thanks to our CornuPopia program is a clear validation of market confidence in the movement,” said Cooper Scanlon, co-founder of Movement Labs.