Avalanche is an EVM-compatible Layer 1 that describes itself as an open, programmable smart contracts platform for decentralized applications. Avalanche uses a family of proof-of-stake protocols called Snow to achieve 4500+ TPS, less than 2 second transaction finality, and a 80% safety threshold (resilient to 51% attacks). On Avalanche, developers can deploy highly customizable public or private chains (called “subnets”) that are interoperable with each other, allowing Avalanche to serve as the underlying infrastructure for an ecosystem of financial and other applications. The Avalanche protocol is supported by AVAX, an ERC-20 utility token that is used for gas fees and as rewards for validators who secure the network. Holders are able to put their AVAX to work in projects like those highlighted on this page.
Disclaimer: Nothing on this page including, but not limited to, the highlighted projects should be construed to be a recommendation, endorsement, or investment advice. Highlighted projects are selected based on internal considerations which may be unrelated to the project’s respective market and are subject to change at CoinList’s sole discretion and without any notice to you. CoinList may have received compensation in connection with certain offerings made by this protocol. CoinList expressly disclaims any and all liability for content controlled by third parties.