OKX Ventures Announces Investment in Monad Network MEV-backed Liquidity Pledging Platform aPriori
On July 25th, aPriori is a liquidity staking platform backed by MEV on Monad. aPriori will use the new funds to expand the team, invest in the security space and promote community development. The emergence of high-performance parallel Ethereum virtual machines such as Monad has created new design space for node-level infrastructure. aPriori team chose to build on the EVM-compatible L1 Monad because of its portability and extremely high perform. aPriori focuses on reducing gas fees, optimizing network traffic, and providing sustainable incentives for validators.
"We are excited to participate in aPriori, a MEV (Maximal Extractable Value) -enabled liquidity staking platform for the Monad network that decentralizes the Monad network through MEV reallocation to reduce spam transactions and increase validator incentives."
Monad is an early and promising network, and aPriori is committed to building a transaction-centric infrastructure for Monad, helping Monad improve its throughput and user experience, and preparing for the future explosion of Monad's ecosystem. "Dora, founder of OKX Ventures, said.