Is AVAX Turkish?

Emin Gün Sirer is a Turkish-American computer scientist. … Emin Gün SirerNationalityTurkishCitizenshipUnited StatesAlma materPrinceton University University of WashingtonKnown forSPINEmin Gün Sirer – Wikipedia en.wikipedia.org › wiki › Emin_Gün_Sirer

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Is AVAX inflation?

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.

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Is AVAX coin or token?

The native token AVAX is a utility token . AVAX serves as the Avalanche ecosystem’s medium of exchange. In other words, the token is used as currency within the network, typically for fee collection in transactions, incentives and many other use cases.12 Şub 2022

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What is AVAX used for?

Avalanche is a blockchain platform with the native currency AVAX. Avalanche is a competitor to Ethereum that prioritizes scalability and transaction processing speed. AVAX is used to secure the Avalanche blockchain and pay transaction fees across the network .

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