1/

AVAX’s Value Capture Problem:

With the launch and success of @playoffthegrid , 🫵may have considered AVAX as a way to gain exposure.

Unfortunately @avax struggles to accrue value from their chain/L1 (prev. subnet) offering. 2/

As of date, Avalanche has two ways of offering validators to their L1s: The stake-to-validate model, or the pay-as-you-go model (which hasn't gone into effect yet).

Under these models, Avalanche faces a trade-off:
1. They can maintain high upfront costs for L1s through stake-to-validate, reducing demand to build under Avalanche and making it more difficult and costly.
2. They can lower costs dramatically through PAYG for the foreseeable future to increase demand for the Avalanche L1 offering, but lose out on revenue.

small notes on BIT: - BIT is will be used as gas token for @0xMantle (upcoming L2 by @BitDAO_Official )
- The data availability layer of Mantle will be EigenDA (@eigenlayer)
- Mantle will be secured by BIT and restaked ETH contracts

if anybody needs access to @ArkhamIntel let me know I got my invites renewed - dm me an email and I'll send invite helps you build pretty little dashboards, where you can monitor dex outflow's and choose specific coins, amounts etc.