what's Avara?
Avara is a blockchain technology and Web3 software company that develops decentralized products and infrastructure, including smart contract-enabled protocols and token-based economies. Originally rebranded from Aave Companies, it focuses on creating an open, user-centric internet through projects like the Aave lending protocol, the GHO stablecoin, and the Lens decentralized social networking protocol. The company has expanded via acquisitions such as the Sonar metaverse app and Family crypto wallet, emphasizing non-custodial liquidity markets, DeFi tools, and socialfi applications. Avara prioritizes open-source development to empower users with control over their data and assets in Web3 ecosystems.
Avara's Family iOS wallet is shut down; its brand and operations consolidate under Aave.
Links
x.com/avaraShut down the standalone Family iOS wallet while retaining its Family Accounts infrastructure within the Aave app.
Retiring the Avara brand and consolidating all operations under a single unified team focused on Aave.
Launches RWA markets in partnership with Aave, with sponsors secured for initial seeding.
Major marketing team expansion with five new senior positions opening across growth, social, operations, content, and design.
New feature launches allowing users to operate without remembering seed phrases.