Wu said that, according to TechCrunch, Avara, the development company behind Aave, Lens, and Family, has completed a $31 million financing round, led by Lightspeed Faction, with participation from Alchemy, Circle, Consensys, and others. With Lens, Avara is building a decentralized protocol that can serve as infrastructure for social and consumer applications. The Lens v3 version is planned to launch on the mainnet in the first quarter of 2025.