Avalanche
Specifications | Details |
|---|---|
Platform (underlying architecture) | Layer 0 |
Consensus Algorithm | Proof-of-Stake |
Ecosystem | Avalanche |
Token | AVAX |
Native Token Ticker | $AVAX |
Smallest Unit | nanoAVAX or nAVAX (1 AVAX = 10^9 nAVAX) |
ARR or APY | ~7% |
Max Supply | 720M (capped supply) |
Delegation Requirements (Min-Max) | Minimum - 25 AVAX Maximum - No limit |
Stake Activation Period | None |
Reward Distribution Period | Staking rewards at the end of the lock-up period spanning from 2 weeks to 1 year |
Compounding | Manual |
Compounding Frequency | At the end of the lock-up period, re-delegation is required to compound |
Unbonding Period | None - Tokens stay locked until the end time specified at delegation creation, and then automatically liquify. If no end time is set, it defaults to the validator's end time. |
Lockup Period | Locked during the staking period spanning from 2 weeks to 1 year |
Penalties and Slashing | No slashing |
Burn Mechanism | All AVAX fees are burnt, drastically decreasing Avalanche’s supply with higher levels of adoption and also programmatically increasing AVAX’s scarcity |
Validator Self-Bond Requirement | 2,000 AVAX |
Inflation | ~15% |
Validator Set Diversity | Avalanche has a Nakamoto coefficient of 21. Currently 1725 validators active on Avalanche. |
Governance Mechanism | Informal off-chain governance |
Smart Contract Support | Yes |
Smart Contract Programming Language | Solidity |
Cross-chain Compatibility (Interoperability) | Yes |
TPS (Transaction Throughput) | ~300 TPS (as per the sources ~6500 TPS) |
Transaction Finality | ~1-2 seconds |
Link to Explorer(s) | https://avascan.info/ , https://subnets.avax.network/ , https://snowtrace.io/ |
Testnet Faucet | |
Figment’s Public Validator Address | |
Figment Staking Guide | |
Figment Supported MEV Relay | NA |
Recommended Wallet(s) | Core, Ledger |
CoinGecko Profile |
Updated 8 days ago