The Movement Network Foundation has successfully launched the Movement Public Mainnet Beta with $250M locked in assets, achieved through the Cornucopia program. This event marks the beginning of a new era for Move-based blockchains.
Cornucopia Deepens Liquidity
Cornucopia provides Movement Network with substantial day-one liquidity across BTC, ETH, MOVE, and stablecoin assets, addressing the 'cold start' issue typical for new networks. The program is developed with industry leaders such as Concrete, Veda Labs, Echelon, and Canopy. > 'Securing over $233 million in TVL through our Cornucopia program is a clear validation of the market’s confidence in Movement,' said Cooper Scanlon, Co-Founder of Movement Labs
Public Mainnet Beta Launch: Features
[Movement Network](https://c212.net/c/link/?t=0&l=en&o=4379099-1&h=2449528195&u=https%3A%2F%2Fwww.movementnetwork.xyz%2F&a=Movement+Network+) is a secure and scalable network of Move-based chains secured by Ethereum. Key features of the Public Mainnet Beta include permissionless smart contract deployment, full user onboarding and engagement, and commitment of block states to Ethereum as part of the fast finality settlement. Also functioning is the canonical Movement bridge via LayerZero. > 'With Public Mainnet Beta, developers can now deploy smart contracts without approval, and users can freely engage with the Movement ecosystem,' added Rushi Manche, Co-Founder of Movement Labs.
About Movement Network Foundation
The Movement Network Foundation is the driving force behind the Movement ecosystem, fostering innovation and expanding the adoption of MoveVM technology. The foundation oversees the development of the Movement Network, a next-gen solution built using MoveVM that settles to Ethereum. Through the MoveDrop program and ecosystem initiatives, the foundation supports developers, projects, and community contributors building decentralized applications.
The launch of Movement Public Mainnet Beta with the Cornucopia program and $250M TVL marks a significant step forward for Move technologies, promising new opportunities for DeFi integration.
