Avalanche Looks Set for Exponential Growth with Subnets, Enterprise Partnerships, Defi Blue Chips… - Deepstash
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Avalanche Autumn and Avalanche Rush

has officially begun with $650+ Million in incentives, the largest DeFi Blue Chip protocols launching on Avalanche, Coinbase listing, cheaper fees, tech upgrades and we are just barely scratching the surface of its potential and with so much to look forward to in the coming weeks and months.

If you thought the growth of Avalanche was staggering with 335 Projects in the first 12 months and over $5.5 Billion in TVL on just the C-Chain, then the network effects when there are thousands of customised blockchains built on Avalanche and all interoperable will be profound.

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Subnets, interoperability between subnets, enterprise partnerships, more DeFi blue chip protocols launching, new $10 Billion Asset classes (ILOs), innovative native Avalanche DAPPs, exchange listings, Avalanche V2, bridges to other ecosystems and more to look forward to in the coming weeks and months. Avalanche is not just about targeting the $200 Billion DeFi market it’s also about tokenising the $700 Trillion of assets in traditional finance.

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Avalanche is the fastest growing blockchain platform currently and the fastest smart contract platform with time to finality of under 1 second, high throughput, and offering unparalleled decentralisation with its revolutionary Avalanche Consensus .

In this article I will cover just some of the recent developments as well as exciting things to look forward to in the coming weeks and months. For anybody new to Avalanche you can see the tutorial below on how to setup metamask.

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Avalanche Bridge

The Avalanche Bridge offers a secure, cheap, fast and incredible user experience for users bridging their assets from Ethereum to Avalanche. At the time of this writing over $3.2 Billion in assets have been migrated across from Ethereum to Avalanche. In addition, when users bridge over at least $75 worth of assets they will receive 0.05 AVAX to be used for initial gas fees to make the user experience as easy as possible.

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Bridges to new ecosystems

Soon the Avalanche Bridge will extend to multiple blockchains, bridging to other EVM platforms initially and then Non-EVM platforms as well. This will enable users to try Avalanche from even more platforms and bring liquidity over to take advantage of the benefits Avalanche provides.

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Snowman ++ Technology update and cheaper fees

Avalanche Autumn began with the technology upgrade of Snowman ++ which reduced the amount of contention seen in highly adversarial environments by up to ~99.7%. This results in a direct reduction in validator bandwidth/CPU/disk IO usage in these scenarios. In addition, Gas fees were lowered to a minimum 25 nAVAX and will fluctuate less rapidly compared to previously. As you can see from the charts below the activation date of Snowman ++ reduced gas prices significantly.

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Dexalot, the First On-Chain Central Limit Order Book DEX Is About to Launch on Avalanche

Dexalot, the First On-Chain Central Limit Order Book DEX Is About to Launch on Avalanche

Dexalot is the first on-chain central limit order book DEX is about to launch on Avalanche offering the functionality, speed and user-friendly interface of centralized exchanges but with the security and unparalleled decentralisation Avalanche provides. You can currently try out the testnet here and mainnet to follow

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decebaldobrica

#engineering, #machinelearning and #crypto

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