2. #Avax announced that they are launching the #Avalanche multiverse, an upto $290M incentive program to accelerate avax adoption and advance the growth of the subnet functionality.
This is big news
This is big news
3. Essentially, #AVAX uses this tech called subnets, where the blockchain is split up into smaller subnets.
Protocols can have their own subnets. This takes the load of the entire chain and one big protocol will not clog up the entire system.
Protocols can have their own subnets. This takes the load of the entire chain and one big protocol will not clog up the entire system.
https://twitter.com/Cov_duk/status/1499093336342204419?s=20&t=hR5lFS2loTsW6FJxmAL9bQ
4. #AVAX has been popping and is primed to explode. Big names like #DeFiKingdoms have come onto the avalanche subnet tech.
https://twitter.com/Cov_duk/status/1501688489842135040?s=20&t=GS3aj-3Tbix5o2YGdzZ2YA
5. #AVAX is putting in a lot of money through this program to further accelerate avaxs growth.
6. The #Avalanche multiverse program will support DeFi, NFTs, gaming and other projects.
7. The #AVAX multiverse will bring a DeFi kingdoms specific subnet along with maximum of $15M of incentives for $Avax and $CRYSTAL
8. Essentially, #AVAX subnet tech allows users to enjoy features like using their own native tokens for gas, high scalability, while enjoying security and decentralisation.
9. #AVAX is also collaborating with Aave, jump crypto and other groups to build the first horizontally integrated chain that is designed for institutional DeFi and has kyc functionality.
10. I get it. Crypto hates kyc.
But, for mass adoption of DeFi and govts and other big players to enter, some degree of regulation will be necessary.
It's inevitable. In fact it's better if we can set the terms instead.
But, for mass adoption of DeFi and govts and other big players to enter, some degree of regulation will be necessary.
It's inevitable. In fact it's better if we can set the terms instead.
11. Through this, #AVAX will allow regulated groups to use subnets to provide DeFi access to everyone.
Big news.
This is where DeFi and TradFi start to become one. This will bring in many big players to #Avalanche
Big news.
This is where DeFi and TradFi start to become one. This will bring in many big players to #Avalanche
12.Subnets allow anyone to create custom, powerful implementations. This includes unique features like choosing their own tokens for gas, custom economic models and more.
13. Subnets provide a huge range of benefits and features for anyone that wants to enter and build crypto.
They're a powerful growth engine that many are beginning to leverage. I love the strong push that's coming from #AVAX.
They're a powerful growth engine that many are beginning to leverage. I love the strong push that's coming from #AVAX.
14. They're putting in a lot of money and working with big players. They're incredibly well positioned to explode. Big news. 🐂
15. Follow for #Avax insights
@CryptoSeq
@rogeravax @StephenStonberg
@avalancheavax @jayks17
@0x_pasta @DarrenPromoter @AVAXDaily @DaCryptoGems @MrCryptoRocket2 @AvaxPodcast @AvaxGems @hodl_avax @AVAXClubDegen @news_avax @AvaxArrogant @CommunityAvax
RT would mean a lot!
@CryptoSeq
@rogeravax @StephenStonberg
@avalancheavax @jayks17
@0x_pasta @DarrenPromoter @AVAXDaily @DaCryptoGems @MrCryptoRocket2 @AvaxPodcast @AvaxGems @hodl_avax @AVAXClubDegen @news_avax @AvaxArrogant @CommunityAvax
RT would mean a lot!
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