Colony Lab has announced its next project sale featuring Suzaku Network, a decentralization hub for Layer 1 blockchains. The project focuses on accelerating success for Avalanche L1s.
Key Points:
- Sale date confirmed for June 2nd, 2025
- Project aims to enhance L1 blockchain decentralization
- Specifically targets Avalanche ecosystem development
- Team noted for focus and commitment
This follows significant community anticipation, with $CLY token holders expressing interest in new early-stage project opportunities on the platform.
🔥Next Sale on @Colonylab: @SuzakuNetwork — the Decentralization Hub for L1s 🔺 A highly anticipated project sale opportunity. A team as focused as it is committed, working to accelerate the success of @avax L1s.
Tesseract Launches Cross-Chain Liquidity Protocol on Avalanche

**Tesseract**, built by the team behind Yield Yak, launches a trustless cross-chain trading platform on Avalanche. Key features: - Seamless asset movement between C-Chain and Avalanche L1s - Best pricing through aggregated liquidity across chains - One-click trading without manual chain switching - Integration with major DEXs including Uniswap, Curve, and GMX The protocol uses Avalanche's Interchain Message (ICM) and Token Transfer (ICTT) technology for secure cross-chain transactions. This infrastructure supports the Million Avalanche blockchain vision by solving liquidity challenges for new chains. *Already integrated with 10+ DEXs and multiple L1s*
Suzaku Network Raises $90,000 in Public Sale on Colony
Suzaku Network has successfully completed a $90,000 public sale through Colony Labs, marking a significant milestone for the Avalanche ecosystem project. - Suzaku aims to become the **Decentralization Hub for Avalanche L1s** - Key features include: • Flexible security models (PoA to PoS) • Liquid Staking for L1s • Restaking with AVAX LSTs & BTC.b • Full-stack solution for modular L1s Token Generation Event (TGE) is upcoming. A detailed analysis is available in the recent Messari report.
Colony Lab Announces Refund Claims and New AVAX Project Sale
Colony Lab has opened refund claims for eligible participants through their app [app.colonylab.io/early-stage/refunds](http://app.colonylab.io/early-stage/refunds). Key points: - Only addresses that participated in previous sales with claimable USDC can view the refund page - Users should claim funds if planning to participate in upcoming sale - New sale announced for established AVAX-based project focused on L1s - Sale scheduled for this week *Important*: Refund visibility is limited to qualifying addresses only. Check notifications for updates.
Colony Community Vote on Movement Rally Project Refunds
Colony is holding a community vote regarding refunds for 3 unlaunched Movement Rally projects. The decision comes after Movement Labs failed to deliver the promised Avalanche bridge post-mainnet. - Voting power is weighted based on USDC contributions - Voting deadline: May 24, 2025, 8:00 AM UTC - Vote at [Snapshot](http://snapshot.box/#/s:colonyavax.eth/proposal/0x913b7ba77361357a9dc5ae307029d833b47f1960217279a68e92718d52866109) *Key Issue:* Movement Labs has not built the agreed-upon bridge between Movement and Avalanche since mainnet launch.