Is Imua an AVS?
Yes! Due to the omnichain architectural design, there is a need to have an accounting system that manages state of the entire system. Because each individual L1 chain will not have a holistic view of the system, Imua is used to perform tasks such as accounting, reward distribution, calculation of total assets restaked across all AVS’, and other ancillary activities. In this sense, Imuachain itself is a genesis AVS.
Imua requires a shared ledger to maintain its activities, so its state must be persistent and decentralized. Simply put, one can consider Imua as a smart contract-enabled delegated Proof-of-Stake (dPoS) blockchain. Additionally, a technique was invented where Imua's security is bootstrapped by its own architecture through pooled security from various supported L1 chains in the ecosystem. By dogfooding Imua's own design as a genesis AVS, the developers of Imua can experience what the target users experience, and can be more proactive in making changes based on self usage.
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