Below you will find all the details about the coin. For more details you can visit the official website or the communication channels shown below. Details on the use of the currency in CoinRepublik are also displayed, such as the list of speculative markets, options or financial bets. If you are a token owner and would like to add it on CoinRepublik, please contact technical support.
Avalanche (AVAX) Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability....
Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.
This is made possible by Avalanche’s unique architecture. The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely having all nodes validate all transactions. Avalanche blockchains even use different consensus mechanisms based on their use cases.
After its mainnet launch in 2020, Avalanche has worked on developing its own ecosystem of DApps and DeFi. Different Ethereum-based projects such as SushiSwap and TrueUSD have integrated with Avalanche. Furthermore, the platform is constantly working on improving interoperability between its own ecosystem and Ethereum, like through the development of bridges.
Who Are the Founders of Avalanche ?
Avalanche attempts to solve the blockchain trilemma, which posits that blockchains cannot achieve a sufficient degree of decentralization at scale. A consequence of this are high gas fees, as is often the case on Ethereum.
To solve this problem, Avalanche designed three interoperable blockchains.
The Exchange Chain (X-Chain) is employed to create and exchange the native AVAX tokens and other assets. Similar to the ERC-20 standard on Ethereum, these tokens follow a set of standardized rules. It uses the Avalanche consensus mechanism.
The Contract Chain (C-Chain) hosts smart contracts and decentralized applications. It has its own Avalanche Virtual Machine, similar to the Ethereum Virtual Machine, allowing developers to fork EVM-compatible DApps. It uses the Snowman consensus mechanism.
The Platform Chain (P-Chain) coordinates network validators, tracks active subnets and enables the creation of new subnets. Subnets are sets of validators, sort of like a validator cartel. Each subnet can be validating several blockchains, but a blockchain can only be validated by one subnet. It also uses the Snowman consensus mechanism.
This division of computing tasks enables higher throughput without compromising on decentralization. For instance, private blockchains on the network could require its subnet’s validators to be sufficiently geographically decentralized or comply with certain regulations. Following this modular structure, Avalanche improves its interoperability with other blockchains wishing to integrate with the Avalanche ecosystem. Furthermore, the two different consensus mechanisms are designed with each blockchain’s requirements in mind, further improving their efficiency.
How Many Avalanche (AVAX) Coins Are There in Circulation ?
The total supply of AVAX is 720 million. Its token distribution is as follows:
2.5% - seed sale, with 10% released on mainnet launch and the rest being released every three months.
3.5% - private sale, with 10% released on mainnet launch and the rest being released every three months.
10% - public sale, with 10% released on mainnet launch and 15% released every three months over a period of 18 months.
9.26% - allocated to the foundation, released over ten years.
7% - community endowment, released over twelve months.
0.27% - testnet incentive program, released over one year.
5% - strategic partners, released over four years.
2.5% - airdrops, released over four years.
10% - team, released over four years.
50% staking rewards
Staking AVAX currently provides an annual reward of 11.57%, with the minimum time for staking being two weeks with a minimum of 2,000 AVAX.
How Is the Avalanche Network Secured ?
AVAX is traded on the Exchange Chain, which follows its own Avalanche consensus mechanism. Unlike proof-of-work or proof-of-stake, the Avalanche consensus mechanism does not have one leader processing transactions that get validated by others. Instead, all nodes process and validate transactions by employing a directed acyclic graph (DAG) protocol. That way, transactions are processed simultaneously, and validators' random polling ensures that transactions are correct with statistical certainty. There are no blocks in this consensus mechanism, allowing immediate finalization and significantly improving the blockchain’s speed.
Lender
Colateral
Interest
Budget
Details
Market
Colateral
Leverage
Min size
Trade
Description
Size
Fee
Expires
Details
Buy AVAX at 169 USD Wrote by valerij
3 AVAX
15%
3 years
Buy AVAX at 168 USD Wrote by Aftab55
3 AVAX
13%
2 years
Buy AVAX at 168 USD Wrote by Thidasmax
3 AVAX
6%
3 years
Buy AVAX at 166 USD Wrote by Syarif1805
3 AVAX
15%
1 year
Buy AVAX at 158 USD Wrote by miguelbrrr11221
3 AVAX
12%
1 year
Buy AVAX at 158 USD Wrote by chan255
3 AVAX
14%
3 years
Buy AVAX at 157 USD Wrote by yuvaneshraja
3 AVAX
12%
2 years
Buy AVAX at 157 USD Wrote by windchaser
3 AVAX
14%
2 years
Buy AVAX at 51 USD Wrote by dulalbd
9 AVAX
10%
3 years
Buy AVAX at 152 USD Wrote by jhoansoto255
3 AVAX
12%
1 year
Buy AVAX at 150 USD Wrote by onlyprofits
3 AVAX
13%
2 years
Buy AVAX at 45 USD Wrote by Hoodrichx
10 AVAX
9%
3 years
Buy AVAX at 148 USD Wrote by Megaafeez
3 AVAX
12%
3 years
Buy AVAX at 145 USD Wrote by jeancarlos
3 AVAX
9%
1 year
Buy AVAX at 108 USD Wrote by Takumi
4 AVAX
15%
2 months
Buy AVAX at 33 USD Wrote by niltonjr
13 AVAX
15%
2 years
Buy AVAX at 33 USD Wrote by indian34
13 AVAX
8%
3 years
Buy AVAX at 142 USD Wrote by vickyjan007
3 AVAX
12%
2 years
Buy AVAX at 140 USD Wrote by greekpokermen
3 AVAX
6%
23 days
Buy AVAX at 60 USD Wrote by Mhlimon
7 AVAX
14%
3 years
Buy AVAX at 42 USD Wrote by prad567
10 AVAX
14%
2 years
Buy AVAX at 35 USD Wrote by shtil17
12 AVAX
11%
3 years
Buy AVAX at 139 USD Wrote by deathsoul666
3 AVAX
15%
2 years
Buy AVAX at 137 USD Wrote by Purno550
3 AVAX
5%
3 years
Buy AVAX at 137 USD Wrote by messi7290
3 AVAX
5%
2 years
Description
Budget
Win
Bets
Details
Will Avalanche touch 1 USD in the next 4 days ?
0.96 USD
30%
11
Will Avalanche touch 0.8 USD in the next 17 days ?
1.32 USD
30%
11
Will Avalanche touch 0.2 USD in the next 2 months ?
0.275 USD
25%
10
Will Avalanche touch 0.5 USD in the next 9 days ?
0.03 USD
30%
10
Will Avalanche touch 0.2 USD in the next 27 days ?
5.38 USD
30%
9
Will Avalanche touch 0.3 USD in the next 24 days ?
0.925 USD
25%
9
Will Avalanche touch 0.2 USD in the next 3 days ?
2.95 USD
25%
8
Will Avalanche touch 0.5 USD in the next 9 days ?
0.66 USD
30%
8
Will Avalanche touch 0.2 USD in the next 1 month ?
0.75 USD
25%
8
Will Avalanche touch 0.2 USD in the next 1 month ?
2.3 USD
25%
8
Will Avalanche touch 0.2 USD in the next 3 months ?
0.84 USD
30%
8
Will Avalanche touch 0.2 USD in the next 26 days ?
4.825 USD
25%
8
Will Avalanche touch 0.2 USD in the next 20 days ?
1.725 USD
25%
8
Will Avalanche touch 0.4 USD in the next 2 months ?
0.2 USD
30%
8
Will Avalanche touch 0.4 USD in the next 3 days ?
0.025 USD
25%
8
Will Avalanche touch 0.6 USD in the next 25 days ?
4.42 USD
30%
7
Will Avalanche touch 0.2 USD in the next 9 days ?
0.025 USD
25%
7
Will Avalanche touch 0.3 USD in the next 22 hours ?
5.325 USD
25%
7
Will Avalanche touch 0.2 USD in the next 1 month ?
0.04 USD
30%
7
Will Avalanche touch 0.3 USD in the next 2 months ?
0.03 USD
30%
6
Will Avalanche touch 0.1 USD in the next 7 days ?
4.51 USD
20%
6
Will Avalanche touch 0.1 USD in the next 2 months ?
2.3 USD
25%
6
Will Avalanche touch 0.2 USD in the next 2 months ?
2.525 USD
25%
6
Will Avalanche touch 0.1 USD in the next 2 months ?
1 USD
30%
6
Will Avalanche touch 0.1 USD in the next 2 months ?
Transactions in derivatives based on foreign exchange rates or the prices of precious metals, commodities or equity indices products carry a high degree of risk. Any transaction involving these products is exposed to, among other things, changes in a country's economic condition or political climate as well as acts of nature or terrorism - each of which may substantially affect the price or availability of the these derivatives. Speculative trading in derivate products is a challenging prospect with a high level of risk. You must therefore carefully consider your investment objectives, level of experience and appetite for such risk prior to trading these products. Most importantly, do not invest money that you are not in a position to lose. In addition, trading on a margin basis means that any market movement will have a magnified effect on your deposited funds. This can work against you as well as for you. The possibility exists that you could sustain a total loss of all the funds you have deposited. PipsTycoon's trading system is designed to automatically liquidate all open positions if your margin deposit is in jeopardy so that you cannot lose more than the funds you have on deposit in your account. We encourage you to employ such risk-reducing strategies as 'stop-loss' or 'stop-limit' orders, but you should be aware that market conditions may make it impossible to close out your order at the level specified. There are also risks associated with using an Internet-based trade execution software application including, but not limited to, the failure of hardware and software. ANNO1777 Labs maintains ‘back up’ systems and contingency plans to minimise the possibility of system failure. Before deciding to trade, you should become aware of all the risks associated with leveraged productstrading, and seek advice from an independent and suitably licensed financial advisor. Under no circumstances shall we have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to your trading operations any direct, indirect, special, consequential or incidental damages whatsoever.
Copyright 2019 ANNO1777 Labs. All rights reserved.
Open Beta
