Ava Labs is the primary company developing the Avalanche blockchain’s ecosystem. Lending protocol Aave launched its V3 last month on both Avalanche and Fantom.
the AVAX rewards were part of Avalanche Rush, a $180M incentive program launched last August . The rewards aren’t eye-popping by DeFi standards — as of April 20, the highest APY offered is 9.94% for people who deposit AVAX (and earn AVAX rewards on top of that). Among stablecoins USDT provides the best APY with 6.44% with over half of that coming from the AVAX incentives.
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