Zeeve, the top-tier provider of appchain infrastructure and RaaS, is delighted to announce partnership with BENQI – Avalanche’s first and foremost liquid staking and lending platform. Zeeve is proud to add support for Benqi’s latest product, BENQI Ignite. Designed to be permissionless and flexible, Ignite introduces a simplified and cost-efficient way for web3 developers and enterprises to launch Avalanche L1s (Formerly known as Subnets) and validators.
Zeeve’s modular stack integration with BENQI’s Ignite product has upgraded Zeeve’s enterprise-grade blockchain infrastructure capabilities substantially by removing the economic barriers to developing and launching Avalanche L1s (Formerly known as Subnets). Through Ignite, Zeeve now offers a powerful and simplified Avalanche L1s (Formerly known as Subnets) launchpad that features the IGNITE Pay As You Go (PAYG) validation rental service, drastically reducing the amount of capital required to launch an Avalanche validator. Additionally, developers will leverage Zeeve-added benefits such as quick launch for faster time-to-market, seamless management of Subnets, end-to-end monitoring, and high performance of nodes/ validators.
“We have been witnessing the growing need for Avalanche Subnets in the application-specific blockchain landscape, as it enables the development of custom, use case-specific, and scalable blockchains. Considering this, Zeeve has added support for BENQi Ignite, which is an innovative base layer protocol guaranteeing low-cost Subnets spin-up. Developers, businesses, and web3 native startups can now launch their Avalanche Subnet on Zeeve’s highly scalable web3 infrastructure while retaining all the benefits of Ignite, such as the ‘Pay As You Go’ validation service, staking option, high throughput, sovereignty, etc.”
Dr Ravi Chamria
Co-founder and CEO of Zeeve
“We are thrilled to be working with Zeeve to accelerate the proliferation of Avalanche subnets. By removing the technical and economic barriers to building subnets through Zeeve’s enterprise-grade blockchain infrastructure, the partnership with BENQI Ignite will spur developer innovation and experimentation on Avalanche.”
Dan Mgbor
Co-founder of BENQI
With BENQI Ignite and Zeeve’s institutional-grade tooling, web3 startups and builders on Avalanche can spin L1s (Formerly known as Subnets) at significantly low cost, at the rate of 20 $AVAX per week, assuming a minimum of 5 validators. This means that the total cost of running a L1 (Formerly known as Subnets) and managing its validators can now be decreased by 99%, which currently costs around $350,000 upfront.
BENQI’s Ignite Zeeve integration is added as a plug-in component on Zeeve’s existing appchain stack. L1 (Formerly known as Subnets) projects no longer need to set up their own ecosystem or validator set. Further, to launch a full-fledged Avalanche-based L1 (Formerly known as Subnets), Zeeve provides all the essential components, such as white-labeled blockchain explorers, testnet faucets, cross-chain bridges, data indexers, scalable RPC nodes, and, more importantly– a L1 management dashboard for easy monitoring and effective management of subnet operations on a network-wide scale.
Ready to launch your own Avalanche L1 network? Visit our Avalanche L1 page to get a complete list of things Zeeve offers for L1s (Formerly known as Subnets). Have queries? Reach out to our Zeeve experts, and we can help you choose the right appchain infrastructure for your application.
