ChainCatcher reported that Avail launched its data availability mainnet Avail DA and its native AVAIL token. AVAIL is used to pay for data availability and ensure network security through staking. The project aims to optimize data availability and help developers build more scalable and cost-effective chains.

The total supply of AVAIL is 10 billion, of which 60 million have been airdropped to eligible participants. Avail is led by former Polygon co-founder Anurag Arjun and plans to launch the interoperability layer Nexus and the secure network layer Fusion.