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About Avalanche

Avalanche is a Layer-1 blockchain focused on speed, scalability, and flexibility for dApps and custom blockchains. Its architecture uses three chains: X-Chain for assets, C-Chain for EVM-compatible smart contracts, and P-Chain for validators and subnets. This design enables thousands of transactions per second with near-instant finality, powered by a Proof-of-Stake consensus optimized for efficiency. The native token AVAX is used for fees, staking, and governance, with all fees burned to reduce supply. Since its 2020 launch, Avalanche has built a strong DeFi ecosystem, integrated Ethereum projects like SushiSwap, and developed bridges for interoperability, positioning it as a fast, low-cost alternative to Ethereum.

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