Waves releases update ahead of upcoming changes, here’s what to expect

ambcrypto.com:

The Waves [WAVES] protocol is looking to spice things up in a move that might rejuvenate the flow of liquidity within its platform. This warrants a look at what the network is cooking as part of its plans.

Is your portfolio green? Check out the Waves Profit Calculator

Waves’ founder, on 21 March, revealed that the network was working towards rolling out a new layer 2 EVM. The platform aimed to use this move to boost transactions with layer 2s while also tapping into other efficiencies, such as scalability.

The announcement meant that Waves might be about to unlock a lot more liquidity into its ecosystem.

— Sasha.waves (@sasha35625) March 21, 2023

Easier connectivity to the Ethereum [ETH] network through smart contract-enabled transactions might provide more exposure to Waves. Consensus is necessary when deploying layer 2 networks.

This might explain why its latest announcement is the TribeDAO. The latter will not only act as a community coordination network but also pave the way for the protocol’s ambassador program.

Introducing TribeDAO – the community coordination network and the next evolution of the Waves ambassador program!

Join us as we reimagine the possibilities of community in the digital age!

➡️ https://t.co/nXRPQ1u9pJ pic.twitter.com/uO48ZWt97L

— Waves Labs