Avalanche is one of the fast, flexible Layer-1 blockchains that have been called “Ethereum killers.”
However, unlike at least some of its peers, Avalanche has real advantages in key areas – technology and ecosystem development.
Its network launched in September 2020, and already, the project has raised multiple investment rounds from top-tier crypto venture capital firms. With continued strong growth, Avalanche is expected to keep its place as one of the leading Layer-1 blockchains.
Key Takeaways:
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Convex’s business model is built on Curve, a DeFi blue chip that continues to be one of the market leaders. It repackages Curve’s governance into a liquidity bootstrapping product that is already being used by projects like Abracadabra and Alchemix, and there is potential for more projects using it down the line. Ergo, Convex is one of the few examples of business-to-business models in crypto.
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