Aave team develops protocol for Web 3.0 social networks

Aave developers introduced the Lens Protocol, designed to simplify the creation of Web 3.0 social platforms.

1/ Something is blooming… https://t.co/UMUs3qT3SD

— LensProtocol.eth 🌿 (@LensProtocol) February 7, 2022

According to the statement, Lens Protocol is a composable and decentralised social graph, which uses smart contracts on the Polygon blockchain.

The protocol is built with modularity in mind, enabling the addition of new features, delivering “immutable user content and social relationships”.

Lens Protocol includes a number of familiar features of existing social networks, including a profile, the ability to comment, repost content, and others.

The basic element of the protocol is the NFT. Non-custodial and intermediary-free digital assets provide profile management, subscriptions, and contain “the history of all posts, mirrors, comments and other content”.

According to the developers, the Lens Protocol code underwent an audit by PeckShield. The protocol is available for testing on the Polygon Mumbai network.

To accelerate ecosystem growth, the team launched a grant program totaling $250,000.

Earlier, Aave developers announced the protocol in July 2021 and described it as an alternative to Twitter on the Ethereum blockchain.