Description
The Lava Foundation is a non-profit foundation dedicated to advancing the decentralization and growth of the Lava ecosystem. Its core responsibilities include the development of the protocol and network, defining and overseeing the roadmap, community engagement, awareness building, managing governance, and overseeing token distribution. The Lava Network is a modular and permissionless protocol that allows rollup and blockchain developers to permissionlessly create incentive pools to attract infrastructure providers for services like RPC or indexing. Providers join Lava to serve users and developers, helping ecosystems bootstrap critical infrastructure while improving performance and decentralization. Users and developers make data requests to Lava, which communicates with providers based on geolocation and historical quality of service scores. Providers are then rewarded through these incentive pools and via subscriptions for higher rate-limit usage.