The subnet model is an extensible solution for the #Avalanche ecosystem.
Previously, the #Cosmos ecosystem did this very well with #IBCGang , so what is the difference between these two models?
You know how you can’t balance a social life, work, and sleep easily? The blockchain trilemma is similar.
Security. Decentralization. Scalability. Three of blockchain’s pillars that all seem to constantly strive to co-exist but struggle to live in harmony.
2/ This thread will cover Avalanche Subnet and Cosmos IBC in 3 aspects:
- Scalability
- Decentralization
- Security
Our previous comparision Avalanche Subnet vs Parachain
⭐Cosmos
- Capable of up to around 1500 transactions per second
- No limit on the number of Zones / Hubs that can be created
- Bandwidth bound
⭐Subnet
- Capable of around 4500 transactions
- No limit on the number of Subnets
- Performance is CPU-bound, the higher performance, the more specialised subnets can be created
4/ Decentralization
⭐Cosmos
- Limited to around 200 validators before performance starts to degrade
- No central hub or limit on the number of Zones / Hubs that can be created
- Anyone can creat Zones / Hubs
⭐Subnet
- Scale to millions of validators in consensus
- No limit on the number of subnets/VMs
- Anyone can create subnet/blockchain
5/ Security
⭐Cosmos
- Every Zone and Hub in Cosmos has their own validator set and different trust assumptions
- Research into shared security with Hubs validating zones
- Shared security is optional
⭐Subnet
- Security is handle at Subnet level, consist of multiple VMs
- Shared security is optional
- Each validators in a subnet has a node on Primary Network (Avalanche)
🚶#MoveToEarn is the current hype in crypto, following the popular #PlayToEarn model that most Metaverse and NFT coins adopted.
🔺On #Avalanche we have our first #M2E application @StepApp_
In 2021, we see an explosion of gamefi, play-to-earn genres, a trend led by @AxieInfinity and then gradually cooled down.
Currently, gamification involves the incorporation of traditional gaming elements into non-gaming activities.
@StepApp_@AxieInfinity Move-to-earn is the current hype in crypto, following the popular play-to-earn model that most Metaverse and NFT coins adopted. As the name suggests, move-to-earn projects enable users to earn rewards for walking, running, dancing, or simply moving around.
Vector Finance is a DeFi project that belongs to the Yield Optimizer model on Avalanche. Precisely, Vector symbiotically works with Platypus Finance.
Vector allows users to deposit stablecoins, stake $PTP and earn greater profits than on Platypus Finance
In a time of unpredictable market volatility, it's very important to protect your assets. While holding stablecoins is a good risk-free way.
In this thread we will show you how you can make money with stablecoins on #Avalanche
🧵👇
1/ One-side Farm
1.1/ Platypus Finance
When it comes to farming/staking stablecoins, we must of course mention #1 AMM stableswap @Platypusdefi
. If you are holding stablecoins, you should check this out:
- Go to Pool, Select Alt Pool
- Deposit Deposit into pool and earn APR
@Platypusdefi Bonus tip:
- Stake some $PTP on Platypus to Boost Yield
- When you stake $PTP you also receive $vePTP -> Boost more Yield
@avalancheavax propose that ApeCoin DAO launches Otherside on an Avalanche Subnet to support Otherside’s future community growth through rapid transaction processing, higher throughput, greater ability to scale and lower gas fees.
- Apecoin has their own blockchain driven by the APE token.
- Avalanche Subnets deliver the necessary speed, security, low fees, and customizability for the Ape community
- Ava Labs team will provide technical support and expertise to ensure a seamless transition.
Yeti Finance is a cross-margin lending protocol on Avalanche that allows users to borrow up to 21x against their portfolio of LP tokens, staked assets such as $sJOE and $sAVAX, and yield-bearing stablecoins in a single debt position for 0% interest.
- Diverse collaterals
- Leveraged farming strategies
- Farming and staking rewards are auto-compounded
- Borrowers receive YUSD (can be swapped or re-deposited into Yeti Finance)
1/ In 2021, we see an explosion of gamefi, play-to-earn genres, a trend led by @AxieInfinity and then gradually cooled down.
Currently, gamification involves the incorporation of traditional gaming elements into non-gaming activities.
@AxieInfinity 2/ Move-to-earn is the current hype in crypto, following the popular play-to-earn model that most Metaverse and NFT coins adopted. As the name suggests, move-to-earn projects enable users to earn rewards for walking, running, dancing, or simply moving around.