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AVALANCHE (AVAX)

9.4%Nominal Reward APY
2%Staking Commission
Layer 1Protocol Category
NPoSStaking Type
off-ChainGovernance

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Avalanche Protocol Details

Avalanche is a blockchain that promises to combine scaling capabilities and quick confirmation times through its Avalanche Consensus Protocol. It can process 4,500 TPS (transactions per second). For Ethereum, that number is 14 TPS. Avalanche native token, AVAX, is the 10th-largest with a market cap of $33 billion as of this writing in March 2022. Avalanche Consensus Protocol is Scalable, Robust, Highly Decentralized, Low Latency, High Throughput, Lightweight, Green, Sustainable, Resilient to 51% Attacks.

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