The Movement Foundation, aimed at promoting technological innovation and the adoption of MoveVM technology, officially announced today that the Movement developer mainnet has been deployed and will continue to advance the development process of its public mainnet. This phase continues the strong momentum from the mainnet release in early December 2024 and lays the groundwork for the public mainnet beta of Movement scheduled for mid-February 2025.
As part of this milestone plan, the Movement Foundation stated that it will also launch a multi-asset liquidity initiative called Cornucopia in sync with the public mainnet beta. This initiative aims to enhance deep market efficiency by providing essential base liquidity for DeFi applications, making early efforts to promote widespread adoption of the protocol, thereby accelerating the growth of the Movement ecosystem.
The initiative is co-developed by Concrete, Veda Labs, Echelon, and Canopy, and will introduce several dedicated vaults: the BTC vault will primarily include Lombard, Lorenzo BTC, and SolveBTC; the ETH vault will include EtherFi and Renzo (ezETH); the MOVE vault will include Movement ecosystem liquidity staking protocols such as Thunderhead, Movernance, and Meridian. The core component of this initiative is the $100 million Ethena stablecoin vault, which represents strong support and high recognition from institutions for the Movement DeFi ecosystem.
On December 9, 2024, the relatively limited Movement Network initial mainnet beta officially launched, primarily featuring permissioned smart contracts and commemorative NFTs. This network enables the deployment of foundational components, including follower nodes and indexers.
Today, the launch of the developer mainnet will facilitate numerous Movement ecosystem partners in deploying related protocols and applications on the Movement network. From now until mid-February, the development team will systematically deploy relevant core infrastructure and test integrations to provide a stable development environment for the public mainnet beta launch.
Key Milestones for Movement
Developer Mainnet Launch: January 28
Core infrastructure deployment begins
Exclusive partner and DeFi protocol deployment window opens
Technical documentation and developer resources released
Public Mainnet Beta Launch: Mid-February
Comprehensive network functionality goes live
Bridging support provided through LayerZero integration
Permissionless DApp deployment
Cooper Scanlon, co-founder of Movement Labs, stated: “The deployment of the Movement developer mainnet and Cornucopia marks the beginning of a new era in blockchain development. By incorporating a launch structure that includes technical infrastructure and initial DeFi liquidity, we are creating an ecosystem where developers can leverage the robust security features of the Move ecosystem while accessing the vast resources of the Ethereum ecosystem. This coordinated approach will ensure we provide immediate value to developers and users.”
For more information about the Movement developer mainnet and public mainnet beta, please visit movementnetwork.xyz or follow the relevant X platform accounts: @movementlabsxyz, @movementfdn, @moveecosystem, and @Move_Collective.
Movement Labs
Movement Labs is dedicated to developing the blockchain ecosystem Movement Network based on the modular Move language. The company is building the first Move language virtual machine L2 network for the Ethereum ecosystem and related open-source tools to promote the widespread adoption of the Move language in the blockchain ecosystem. Its platform enables developers to easily launch high-performance Move VM Rollups, connecting the Move ecosystem with the EVM ecosystem. Through the Move Collective accelerator program, Movement Labs has incubated over 12 innovative projects and teams, significantly advancing the growth of the Move language-based application ecosystem. With $38 million in Series A funding, Movement Labs is advancing Move language-based technology and blockchain interoperability in Web3. Follow Movement Labs on X and Discord for the latest updates.
Movement Network Foundation
The Movement Network Foundation is the driving force behind the development of the Movement ecosystem, committed to promoting technological innovation and facilitating the adoption of MoveVM technology. The foundation is responsible for overseeing the development of the Movement Network, which serves as a top-tier L2 solution built using MoveVM and settled to Ethereum. Through its MoveDrop program and ecosystem initiatives, it provides support for developers, projects, and community contributors to build the next generation of decentralized applications.
For more information, please visit movementfdn.xyz or follow the official account @movementfdn.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
