Conversation. 2/ Unlike most other staking platforms which have an unlimited supply and continuously increase their supply at a compounded rate through high inflation , leading to dilution of existing token holders, Avalanche $AVAX has a fixed capped supply of 720 million, creating scarcity.
Read moreWhat is inflation rate of Avalanche?
As of Nov. 2021 now, the inflation rate is currently at 39.9 %; this is markedly higher than that of Bitcoin or Ethereum, however note that unlike ETH, all fees are burned which long term should create deflationary pressures.23 Kas 2021
Read moreIs AVAX better than Ethereum?
Avax features superior scalability when compared to ETH . The token can also be staked to secure low-risk rewards. ETH is the primary utility token of the Ethereum network.
Read moreWhat code does AVAX use?
AVAX is used to pay transaction fees and can be staked to secure the network. Avalanche is compatible with Solidity, Ethereum’s programming language , and can be used to deploy custom private or public blockchains as “subnets.”
Read moreWhat is AVAX good for?
AVAX is the native coin on the Avalanche platform. It’s used for staking, governance and paying transaction fees on the network . AVAX is also required by users to create a new subnet and join a subnet.
Read moreWhat projects are running on Cardano?
Top Upcoming Cardano Projects
Read moreWhat exchanges list Cardano?
Cardano (ADA) exchanges ExchangesADA price24h trade volume1 Binance$ 0.8383$ 189.26 million2 Coinbase Pro$ 0.8359$ 69.72 million3 Changelly PRO$ 0.8346$ 51.84 million4 Upbit$ 0.8419$ 38.92 millionCardano (ADA) Exchanges List & Rates | Coinranking coinranking.com › coin › qzawljRxB5bYu+cardano-ada › exchanges
Read more