Chromia announces launch of MVP mainnet

Chromia, a Layer-1 relational blockchain platform, announced the launch of the MVP mainnet, introducing the native CHR token and establishing the foundation of the Chromia network, enabling ERC-20 and BEP-20 CHR tokens to migrate to the network. In addition, this MVP mainnet launch will also establish a series of basic functions, including payment of network hosting fees and provider payments, which are managed by Chromia's infrastructure. According to Chromia, the subsequent development work to be carried out includes the implementation of Native Staking and Delegation at the end of the third quarter, improvements to the bridge infrastructure, and further core upgrades. These initiatives are designed to enhance the functionality and performance of the platform and support its continued growth and adoption in Web3.