![Avalanche [AVAX] hits ATH after securing $230M worth funds](https://crypto-economy.com//wp-content/uploads/2021/09/avalanche.jpg)
Avalanche [AVAX] hits ATH after securing $230M worth funds
Avalanche announced raising $230M led by Polychain Capital and Three Arrows Capital. AVAX coin recorded an ATH since. The new investment is distributed to the Avalanche
Avalanche News (Latest Publications)
The latest news about Avalanche (AVAX), an open source blockchain that enables the development of Smart Contracts and Decentralized Applications (DApps).
Since its launch in 2020, it has had an exponential growth in terms of number of users and projects being developed on it.
Its native token, AVAX, is one of the most valued cryptocurrencies today and has multiple functions within the platform. It functions as a means of reward for network users.
Avalanche uses a Proof-of-stake (PoS) consensus protocol that rewards participants for staking their tokens.
Avalanche Foundation to Launch a $180M DeFi Incentive Program
Avalanche Foundation announced a new incentive program named Avalanche Rush that focuses on bringing top DeFi applications to Avalanche. The first blue-chip DeFi applications that are
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