Avalanche - Page 4
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DeFi Powerhouses Curve and Aave Deploy on Avalanche to Profit from Incentives
Incentives work. Or at least they do in terms of wooing DeFi protocols to deploy on other blockchains. Case in point, Curve Finance, the automated market maker, and Aave, the leading DeFi lending project, have each deployed their offerings on Avalanche as a part of the blockchain’s $180M incentive program called Avalanche Rush. It’s the…
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Avalanche's AVAX Token is Set to be Listed on Coinbase Pro
Coinbase Pro is set to list Avalanche’s AVAX token for trading on Sept. 30, according to a Medium post from the company. Despite the listing, AVAX’s price action has been flat — changing 2.4% to $64.82 since the listing was announced on the morning of Sept. 29 on Coinbase’s Twitter. Subscribe for free to get…
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Deep Dive Into Avalanche by Ava Labs
Nature doesn’t mess about. When you take a ship into the deep ocean you’d best beware, because she can really f*&k you up. Way back before all this crypto malarkey a young filmmaker used to hike up mountains and film the bravest souls in the world backflip off 100 foot cliffs and ski away as…
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The Uniswap of Avalanche Is Having its Biggest Week Ever
The decentralized exchange Pangolin, the Uniswap of the Avalanche blockchain, is having its biggest week to date, and the week isn’t over. According to the exchange’s analytics, it’s closing in on $900 million for the week, already doubling last week’s volume of $425 million, which had also been by far its biggest week. From the…
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Defiers Are Apeing Into Avalanche Pushing Benqi Finance to $1B in TVL
Avalanche, a smart contracts platform, now has its first DeFi protocol with $1B in total value locked. The protocol, Benqi Finance, launched just four days ago on Aug. 19 and has been distributing $3M in AVAX tokens to users. AVAX tokens are from Ava Labs, the company that created Avalanche, and the distribution is part…
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Layer 1 Player Avalanche Offers $180M in Incentives to Woo Defiers
Layer 1 blockchains are making extraordinary offers to attract DeFi protocols and juice liquidity. It was Harmony earlier this week, and now it’s Avalanche. The Avalanche Foundation is offering $180M in liquidity mining incentives to bring more apps into its DeFi ecosystem. The first recipients? Users of the Avalanche-deployed versions of lending platform Aave and…