Avalanche is a layer one protocol by Ava Labs that offers high-throughput, fast finality, and unprecedented decentralization. Developers are able to launch their own public or private blockchains (called subnets), create and trade digital assets, and build scalable smart contracts and decentralized applications.
Original testnet participant and maker of Hubble and DataHub for Avalanche.
Figment is a venture funded, registered Canadian company, based in Toronto. Canada offers stability, rule of law and clear crypto regulation.
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Active participant in the Avalanche ecosystem.
The world’s most advanced physical IDC + multi-cloud staking infrastructure.
You maintain custody of your AVAX at all times.
Third-party custody solutions are available through our institutional partners. Contact us for more information.
Protected via industry-leading delegation agreement.
The AVAX token.
AVAX tokens are rewarded for validating on the “default” subnet. Future subnets may reward validators and stakers in another asset.
There will be no slashing on the default subnet. That being said, future subnets are able to set their own slashing penalties.
You maintain custody of your AVAX at all times. There is no bonding or unbonding period.
At the base level, the AVAX token will be used for –
All validators on Avalanche must validate on the “default subnet”.
This subnet consists of three chains:
Outside of this requirement, validators are free to choose which subnets they want to validate on, and they do not have to run multiple nodes to validate on multiple subnets, unless it is a requirement by the subnet.