Avalanche hits Dree maanden Hoog decked out with AAVE on $ 180m lancering op platform

The price of the underlying platform token Avalanche Avax blue chip decentralized financing (Defi) applications, the 180 million dollar liquidity incentive program” Avalanche rush” in the last 24 hours after the announcement of %37,7 increased.

Professor of computer science at Cornell University, project, created by Sure RC Avalanche day, usually “I ethereu Killer” is being touted as, and decentralized applications (dApps) to create scalable and secure blockchain platform that provides a high performance environment is creating.

It is stepping into the Defi space to include a number of key solutions, including the Avalanche-Ethereum Bridge and the integration of Sushiswap, one of the largest decentralized exchanges (DeX).

The project, which went on to introduce Defi, also helped tokens.

Avax, which hit a three-month high, has seen a 100% increase in value over the past week, making it one of the best players on the market.

AVA Labs launches Avalanche platform for Defi applications
With a market capitalization of $ 5.8 billion, AVAX is now 27. it is the largest cryptocurrency. According to CoinGecko, at the time of the press conference, the token was trading at a price of $ 31.39.

What is the Avalanche rush?’
The Avalanche rush initiative aims to bring more applications and assets to the platform’s Defi ecosystem.

Defi is a package of financial services similar to traditional banks or investment firms. But instead of centralized organizations, Defi replaces normal institutions with lines of code and so-called “smart contracts.””

Initially, Avalanche’s network will launch the two largest Defi protocols, AAVE and curve, with a total blocking cost (TVL) of about $ 25 billion.

Experience the power of the Avalanche. Inside and out of the avalanche that started with @aaveaave and @curvefinance, welcome to # Avalancherush, a $ 180 million liquidity incentive program in partnership with Defi’s leading DApps. And, this

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