1/ Yesterday, the #Avalanche Foundation announced the biggest #DeFi incentive program to date. This will catalyze the next phase of hyper-growth that I’ve been personally looking forward to since launching Avalanche mainnet last year.
2/ All facets of the DeFi ecosystem need to co-exist and collaborate to create a functioning and widely adopted digital financial system: automated market makers (AMMs), DEXs, borrowing and lending protocols, insurance protocols, and the list goes on.
3/ It’s crucial to have all DeFi primitives working and communicating with each other flawlessly. DeFi users also need a seamless experience to participate in the ecosystem.
4/ The Avalanche Bridge (AB) has dramatically simplified the experience for users who want to move assets from other DeFi ecosystems to Avalanche. A few weeks in and AB has transferred over $100M in crypto assets.
4/ I’m extremely confident that users are going to love the experience of using the new dapps on Avalanche (as well as the very attractive yields of course).
5/ The platform is in prime position to offer the best user experience in DeFi– allowing fast speeds and low-costs without making sacrifices in decentralization.
6/ Lastly, I want to thank the first #AvalancheRush dapps @AaveAave and @CurveFinance. Together, we will keep building new financial systems that are inclusive, innovative, and exciting.
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