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AvalancheAVAX
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AvalancheAVAX

Blockchains (L1)

Overview

What is Avalanche?
AVAX is a smart contract platform for decentralized applications (a blockchain). Avalanche was founded by Emin Gün Sirer and launched in 2019.
How does Avalanche work?
Validators process transactions and receive validator rewards (supply-side fees).
Who governs Avalanche?
AVAX holders own and govern the protocol. They currently take (burn) all of the total transaction fees paid by users (revenue). AVAXs investors include a16z, Polychain, Galaxy Digital, etc.
RevenueShare of transaction fees that are burned$100Connects Validators and UsersSupply-side feesValidators' share of the transaction fee$0ValidatorsFeesTransaction fees paid by users$100Users
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.