AVAX

Olskoolah

Or AVAX. But hoping MATIC for my bag’s sake

QualifiedUser

Interesting, how do gas fees get paid on something like this? Are they subject to the chains you are transferring between I would assume? That does sound like a very promising solution. I know Stargate is a multi chain Dex on using Layer Zero. I’ve been messing around with that a little, but you still need individual chain tokens to use the different pools. Will it be a marketplace where you can pay ETH for like a AVAX NFT and it automatically converts the ETH to Avax for you in the smart contract? That may need to be a multiple step contract then. But something like that would be very cool. Having the swap function built into the contract. But then it would probably also need to be a DEX to provide the liquidity for the swaps. I’m curious if Uniswap has plans like that in the future for their NFT marketplace.

QualifiedUser

Interesting, how do gas fees get paid on something like this? Are they subject to the chains you are transferring between I would assume? That does sound like a very promising solution. I know Stargate is a multi chain Dex on using Layer Zero. I’ve been messing around with that a little, but you still need individual chain tokens to use the different pools. Will it be a marketplace where you can pay ETH for like a AVAX NFT and it automatically converts the ETH to Avax for you in the smart contract? That may need to be a multiple step contract then. But something like that would be very cool. Having the swap function built into the contract. But then it would probably also need to be a DEX to provide the liquidity for the swaps. I’m curious if Uniswap has plans like that in the future for their NFT marketplace.

jawni

Love: Solana - good infra, cheap, fast, tons of dapps, but block explorers kind of suck Hate: AVAX, ONE - basically offbrand L2's with shitty forks of EVM projects, and somehow even worse block explorers, at least you can use MM Meh: ETH L1 + L2's - ETH L1 is nice but expensive, L2's are cheaper but bridging is annoying (need more exchanges to allow L2 withdrawals), not as many dapps.

4ucklehead

Typical r/cryptocurrency ...0 upvotes lol. It's because of all the ADA etc fanboys. And the btc maxis I'm not a complete ETH maxi but a lot of my holdings are ETH. In like early 2021 I threw some money into the legit or semi-legit alternative L1s but none of them are doing so hot. ATOM, AVAX, SOL, ALGO etc. On the off chance we might have a multi L1 world 🤷‍♀️

LieutenantZucc

I’ll try to suggest something that hasn’t been mentioned yet that is relatively safe. GLP is an index of a few crypto assets on the Arbitrum or Avalanche network (I recommend Arbitrum for better liquidity and no exposure to AVAX). Basically GLP acts as the liquidity provider to traders on GMX, a decentralized perpetuals exchange. On Arbitrum, GLP consists of 35% ETH, 15% WBTC, 48% stables (USDC, USDT, etc) and a tiny bit of UNI and LINK. If you want to stay relatively safe and risk off, it allows you to gain exposure to half the price action of ETH and BTC. Additionally, holding GLP allows you to receive 70% of the fees the GMX platform generates from margin trading, swaps, liquidations, etc.

Certain_Sort

There my AVAX goes again aawyeah

Bl473r

AVAX

NHouseman

AVAX

Fletchskis

Defi Kingdoms is a great NFT hero based game. Send heroes on quests to earn materials and gold, provide liquidity and get a boost with the gardening quests, mine gold to sell and improve your NFT heroes! It’s main token Jewel has a supply of 125 million and is burnt as gas on DFK chain. Jewel is the token to single stake and earn fees from the in game DEX. To buy heroes and to improve them use the power token on the appropriate chain. The universe includes 2 chains, 1 realm on Klatyn and 1 on one of the First AVAX subnets: DFK chain. DFK has been busy building all through the bear market, and has vastly improved since being worth over a Billion in Jan 2022 and was Harmony’s shining star. Defi Kingdoms has a dedicated community with over 75k members on discord and is currently sitting undervalued at only 0.26 usd There is an entire dueling system and also barely scratched the surface on summoning, which can net extremely rare heroes with luck and the right combos! I am extremely bullish on DFK in the future

PWHerman89

So Robinhood giving away $1 of AVAX. Obviously free tastes like this are to urge you to buy more. Is this all about creating exit liquidity for Robinhood? Anyone know if they happen to have a large investment in Avalanche?

Invest07723

I don't send $10 worth of ETH to my Ledger, but I'd send $25 after checking gas prices. For coins with very small transaction fees (like AVAX or LTC or ATOM, etc) I might send even if I only bought $10 worth (unless I know I'm buying more in the next 2 days)

CointestMod

#Cosmos Con-Arguments Below is an argument written by Shippior which won 1st place in the Cosmos Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > [Cosmos](https://cosmos.network/) ([ATOM](https://www.coingecko.com/en/coins/cosmos-hub)) is a dPoS blockchain. Often it is named in the list of 3rd generation blockchains like ADA, DOT, ALGO, etc. As one can already see it has a lot of competition. As of yet it has to endure at least ADA, DOT and AVAX being above in market cap. Even Cronos (CRO) which is based on the Cosmos SDK has a higher market cap than ATOM itself. This proves that so far ATOM hasnt been really popular with the people and it is resembled by the lack of marketing for the chain. > > To be able to get a better comparison between ATOM and it's competitors first it should be explained better what the vision and role of Cosmos is. Cosmos Hub acts as a security relayer for the Cosmos cryptoverse. There are no smart contracts on the Cosmos chain itself and there is limited governance available. It's main reason is to secure the IBC (inter blockchain connection) network which allows all chains within the Cosmos network to easily communicate with each other. > > Currently there is a debate happening, backed up by a governance proposal, to allow the use of smart contract (implement CosmWasm which is the smart contract enabler on Cosmos network). However this has been met with fierce arguments between pro and con groups, the con group being led by [Jae Kwon](https://twitter.com/jaekwon) one of the main developers of Cosmos who treathens to make his own chain. All in all this discussion might be beneficial going forward but it does deliver a lot of FUD to the community (there is a lot of FUD currently in the Cosmos network, but that is a whole different story). > > Due to the current position of Cosmos Hub, only ensuring security, the discussion has come up in the community what the use is of the ATOM coin. It provides no incentive but a low APR for staking, the lock-up period of 21 days is significantly longer than for many of its competitors, and there are a lot of coins in the Cosmos network available that are more usefull for using in DeFi. As of now ATOM is valuable because a lot of aidrops are based on the amount of ATOM a person has staked, but who knows what happens with the price of ATOM once the airdrops dry up. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/sifdml/coin_inquiries_cosmos_conarguments_february_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10kkgfg/daily_general_discussion_january_25_2023_gmt0/).

CointestMod

#Cosmos Con-Arguments Below is an argument written by Shippior which won 1st place in the Cosmos Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > [Cosmos](https://cosmos.network/) ([ATOM](https://www.coingecko.com/en/coins/cosmos-hub)) is a dPoS blockchain. Often it is named in the list of 3rd generation blockchains like ADA, DOT, ALGO, etc. As one can already see it has a lot of competition. As of yet it has to endure at least ADA, DOT and AVAX being above in market cap. Even Cronos (CRO) which is based on the Cosmos SDK has a higher market cap than ATOM itself. This proves that so far ATOM hasnt been really popular with the people and it is resembled by the lack of marketing for the chain. > > To be able to get a better comparison between ATOM and it's competitors first it should be explained better what the vision and role of Cosmos is. Cosmos Hub acts as a security relayer for the Cosmos cryptoverse. There are no smart contracts on the Cosmos chain itself and there is limited governance available. It's main reason is to secure the IBC (inter blockchain connection) network which allows all chains within the Cosmos network to easily communicate with each other. > > Currently there is a debate happening, backed up by a governance proposal, to allow the use of smart contract (implement CosmWasm which is the smart contract enabler on Cosmos network). However this has been met with fierce arguments between pro and con groups, the con group being led by [Jae Kwon](https://twitter.com/jaekwon) one of the main developers of Cosmos who treathens to make his own chain. All in all this discussion might be beneficial going forward but it does deliver a lot of FUD to the community (there is a lot of FUD currently in the Cosmos network, but that is a whole different story). > > Due to the current position of Cosmos Hub, only ensuring security, the discussion has come up in the community what the use is of the ATOM coin. It provides no incentive but a low APR for staking, the lock-up period of 21 days is significantly longer than for many of its competitors, and there are a lot of coins in the Cosmos network available that are more usefull for using in DeFi. As of now ATOM is valuable because a lot of aidrops are based on the amount of ATOM a person has staked, but who knows what happens with the price of ATOM once the airdrops dry up. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/sifdml/coin_inquiries_cosmos_conarguments_february_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10kkgfg/daily_general_discussion_january_25_2023_gmt0/).

Odysseus_Lannister

The ETH killer graveyard is littered with competitors from bull runs where they made massive gains but never truly recovered during subsequent bears. The combination of first mover advantage, developer activity, community interest, and overall usage makes ethereum the safest bet in the smart contract space. There can be multiple winners, but thinking your SOL/AVAX/etc coin that melted face last run and is currently 80+% down from ath will “kill” ETH is just asking for trouble. Source: been in ETH since 2017

ahabraken

Yeah VET was my buy last bullrun but it underperformaed in price (not in development). I think I wont go for vet this time around. AVAX might be a good large cap alt to put some money into.

BasisOk4268

I think partnerships are what you want to look at. VET constantly partnering, although price action lacking previous bullrun, let’s be honest. AVAX a good shout for the AWS partnership despite being high MC already. ROSE for META partnership. Aside from that the AI coins will do well simply from hype. GRT and FET I think will be two standouts. No real use case imo but neither did SHIB or DOGE.

Fletchskis

Defi Kingdoms is a great NFT hero based game. Send heroes on quests to earn materials and gold, provide liquidity and get a boost with the gardening quests, mine gold to sell and improve your NFT heroes! It’s main token Jewel has a supply of 125 million and is burnt as gas on DFK chain. Jewel is the token to single stake and earn fees from the in game DEX. To buy heroes and to improve them use the power token on the appropriate chain. The universe includes 2 chains, 1 realm on Klatyn and 1 on one of the First AVAX subnets: DFK chain. DFK has been busy building all through the bear market, and has vastly improved since being worth over a Billion in Jan 2022 and was Harmony’s shining star. Defi Kingdoms has a dedicated community with over 75k members on discord and is currently sitting undervalued at only 0.26 usd There is an entire dueling system and also barely scratched the surface on summoning, which can net extremely rare heroes with luck and the right combos! I am extremely bullish on DFK in the future

step11234

There are plenty of burger places, like there are plenty of grocery shops, book stores etc. You are investing in it (presumably) because you believe the value will increase. Since the marketcap is much lower than ETH, the returns might be bigger. I personally dont invest or care about AVAX, but there will be multiple options, like there is in the rest of the world. It's not just the biggest wins.

holdmadick2

But there already so many burger kings? Like Solana, Cardano, etc. Isn’t investing in AVAX like saying it will be one of the main competitor for ETH?

holdmadick2

Can someone please ELI5? Why will AVAX outperform ETH? If Vitalik Buterin is constantly working on improving the speed of the ethereum infrastructure, why is there a need for cryptos like AVAX? Won't cryptos like AVAX eventually be rendered as obsolete?

PedroJTrump

Are we still able to convert crypto in Gemini? I'm trying to convert AVAX for BTC and its not allowing me.

CointestMod

#Cosmos Con-Arguments Below is an argument written by Shippior which won 1st place in the Cosmos Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > [Cosmos](https://cosmos.network/) ([ATOM](https://www.coingecko.com/en/coins/cosmos-hub)) is a dPoS blockchain. Often it is named in the list of 3rd generation blockchains like ADA, DOT, ALGO, etc. As one can already see it has a lot of competition. As of yet it has to endure at least ADA, DOT and AVAX being above in market cap. Even Cronos (CRO) which is based on the Cosmos SDK has a higher market cap than ATOM itself. This proves that so far ATOM hasnt been really popular with the people and it is resembled by the lack of marketing for the chain. > > To be able to get a better comparison between ATOM and it's competitors first it should be explained better what the vision and role of Cosmos is. Cosmos Hub acts as a security relayer for the Cosmos cryptoverse. There are no smart contracts on the Cosmos chain itself and there is limited governance available. It's main reason is to secure the IBC (inter blockchain connection) network which allows all chains within the Cosmos network to easily communicate with each other. > > Currently there is a debate happening, backed up by a governance proposal, to allow the use of smart contract (implement CosmWasm which is the smart contract enabler on Cosmos network). However this has been met with fierce arguments between pro and con groups, the con group being led by [Jae Kwon](https://twitter.com/jaekwon) one of the main developers of Cosmos who treathens to make his own chain. All in all this discussion might be beneficial going forward but it does deliver a lot of FUD to the community (there is a lot of FUD currently in the Cosmos network, but that is a whole different story). > > Due to the current position of Cosmos Hub, only ensuring security, the discussion has come up in the community what the use is of the ATOM coin. It provides no incentive but a low APR for staking, the lock-up period of 21 days is significantly longer than for many of its competitors, and there are a lot of coins in the Cosmos network available that are more usefull for using in DeFi. As of now ATOM is valuable because a lot of aidrops are based on the amount of ATOM a person has staked, but who knows what happens with the price of ATOM once the airdrops dry up. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/sifdml/coin_inquiries_cosmos_conarguments_february_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10jrpkm/daily_general_discussion_january_24_2023_gmt0/).

sickvisionz

It really depends on *how* you're staking. There's ways of staking that provide instant liquidity for ETH, AVAX, and DOT.

Odysseus_Lannister

Pfft jokes on you, I sold all my AVAX at $12

Odlavso

ATOM is 21%, DOT is 15% I think, AVAX varies depending on your luck up period. Yeah not really locked up but I'll take a 4% hit by selling galgo early

Odlavso

If you're holding ATOM or DOT then yes, if you went full one year on AVAX then don't even look at the charts

CointestMod

#Avalanche Con-Arguments Below is an argument written by FrogsDoBeCool which won 2nd place in the Avalanche Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > # Avax - i need to make this in 20 min help me > > disclaimer: don't own AVAX, have never owned it, I've had no general opinion about this crypto before making this piece. > > * **Validators** > * To become a validator on the AVAX network, [you need 2000 AVAX](https://docs.avax.network/nodes/build/set-up-an-avalanche-node-with-microsoft-azure#:~:text=Currently%20the%20minimum%20amount%20required,to%20help%20towards%20running%20costs).. or $34,000. at avax's peak this was closer to $240,000. A small few amount of people will end up being validators on the avax network leading to a centralization of the network. > * there are currently 1200 validators, ETH has 200,000 on PoW, [and supposedly may have 400,000 when PoS is put into place.](https://beaconcha.in/charts/validators) > * **Inflation** > * The circulating [supply](https://messari.io/asset/avalanche/charts/supply) of AVAX has gone from 243 million to 280 million in the last 7 months, or a 15% inflation rate, about a 28% yearly inflation rate. This, is obviously unsustainable. Even worse, the supply is expected by 2025 to be a [little less than double](https://medium.com/@bacool/on-the-economics-and-governance-of-avalanche-avax-b6beecff5d61) of what it currently is > * twitter moment > * one of the creators of AVAX [doesn't know basic economics.](https://twitter.com/kevinsekniqi/status/1541432163085828102?s=20&t=Or87XbwoYjF-Otlq3-RzCw)... like. *the stock market is not one specific market*, it's literally every single public business in America, then there's the global market which is different, but the stock market is not just "the tech" or the "banking" or some sector, compared to crypto, a very niche tech field. also, percentages exist my guy. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/tuwtxl/top_coins_avalanche_conarguments_april_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Avalanche) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10iydf2/daily_general_discussion_january_23_2023_gmt0/).

CointestMod

#Avalanche Pro-Arguments Below is an argument written by cryotosensei which won 3rd place in the Avalanche Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > > 1. Avalanche is a good layer-1 blockchain, which will offer an alternative to Ethereum mainnet and layer-2 solutions. Its less-than-2-seconds finality is superior to that of other blockchains. > 2. Avalanche makes possible the interoperability of blockchains as it allows for speedy transfers of Avalanche and Ethereum assets between blockchains. This is because of the availability of the Subnet-Ethereum Virtual Machine that lets developers create their own programmable EVM-compatible blockchain. > 3. Avalanche has a growing DeFi ecosystem. Last year, the Avalanche Foundation rolled out Avalanche Rush, a $180M liquidity mining incentive program and successfully wooed AAVE and Curve - two significant protocols - to launch on it. > 4. As such, Avalanche has attracted keen interest from both traditional institutional giants and crypto firms. Grayscale is considering it; Celsius allows investors to earn interest on it. FTX now accepts USDC in AVAX. Even 1inch network has expanded its limit order protocols to AVAX. > 5. Avalanche has goals that it is working steadily towards, which could inspire investor confidence. To solidify its niche in subnets, it has rolled out a dedicated Avalanche Multiverse program. DeFi Kingdoms is the first subnet to receive financial support through this program. Aside from subnets, it is funding creative projects through its Culture Catalyst Fund. A joint partnership with Web3 social media platform Op3n, this fund has decided on its first recipient, Grimes, who intend to launch an intergalactic children’s metaverse book on both platforms. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/tuwtw2/top_coins_avalanche_proarguments_april_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Avalanche) to find arguments on this topic in other rounds.

CointestMod

Submit a pro/con argument in the [Cointest](https://www.reddit.com/r/CointestOfficial/wiki/cointest_policy) and potentially win [Moons](https://coinmarketcap.com/currencies/moon/). Moon prizes by award for the Top Coins category are: **1st - 600, 2nd - 300, 3rd - 150, and Best Analysis - 1000.** --- To submit an AVAX pro-argument, [click here](https://old.reddit.com/r/CointestOfficial/comments/tuwtw2/top_coins_avalanche_proarguments_april_2022/). | To submit an AVAX con-argument, [click here](https://old.reddit.com/r/CointestOfficial/comments/tuwtxl/top_coins_avalanche_conarguments_april_2022/).

funkitecht

Recently got into AVAX after crash and hold ALGO which hasn’t moved much for me but glad to hold both

NoAverage9216

This sub doesn’t love Algo anymore? Still ignoring AVAX I see lol

GalcomMadwell

AVAX

masedogg98

6% those are rookie numbers we’re going to need you to pump those up AVAX

coinfeeds-bot

tldr; AVAX was one of the top 10 cryptos for trading volume amongst the 500 biggest BSC whales in the past 24 hours. AVAX’s price surged by more than 6% in the last seven days and is currently trading at $17.16 with a market capitalization of over $5.3 billion. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Harold838383

I don't think the bear is over just yet for AVAX

Baecchus

>AVAX’s price surged by more than 6% in the last seven days 6% is not a surge when the entire market is up like crazy.

CointestMod

#Avalanche Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the Avalanche Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Avalanche is a relatively-new (only 1.5 years old) multi-blockchain crypto project whose token, AVAX, shot up into the top 10 cryptocurrencies by market cap in just 1 year. It has since fallen a bit. > > I have a separate summary of [Avalanche here](https://np.reddit.com/r/MPlankton/comments/ukjt2e/avalanche_research_summary/) that discusses the platform in more detail. > > This post only lists the CONs > > ##CONs > > **Limits to scalability** > > * The Avalanche C-Chain is a monolithic blockchain with a TPS limit of about 900 TPS. This is an upper limit that depends on how heavily smart contracts are being used. This is way slower than Algorand, which can already do 1000 TPS with with their Layer 1 smart contracts and can theoretically scale to [50K TPS](https://www.algorand.com/120720-Algorand%202021%20Performance.pdf) with higher block sizes and block pipelining. > * In addition, Avalanche does not plan to have Layer 2 scaling, so it can't compete against multi-layer blockchains. Instead, it supports subnets, which are siloed, independent blockchains that require insecure bridges to connect with other subnets. > > **Low adoption and Usage** > > * Ethereum still has an immense lead as a smart contract blockchain. No matter how better-designed and efficient Avalanche is, it may never catch up to Ethereum in terms of adoption. In DeFi, Ethereum has 10x Avalanche's TVL [DeFi Llama](https://defillama.com/chain/Avalanche). > * The X-Chain, designed for non-smart contract transactions, only sees 5000 transactions per **day** despite being technically superior to its biggest UTXO-competitors, Bitcoin and Cardano. That's about 1 transaction every minute. **Avalanche is often quoted as a 4500 TPS network, but this network is an absolute ghost town that doesn't even get 0.001 transaction per second of actual activity.** > > **Weak wallet support** > > * The C-Chain is supported by several wallets and multiple CEXs, but there's very limited external support for the other built-in chains. > * The Avalanche Core wallet is still under development, so most users are stuck with the limited Avalanche Web Wallet. > > **Subnet downsides** > > * **Subnets are moderately expensive.** It's recommended that subnets run at least 5 validators, each of which needs to stake a minimum of 2000 AVAX (over $100K USD as of May 2022). So the minimum-recommended 5 validator setup will cost $500K USD, making it pretty expensive to start a subnet unless you're borrowing existing validators. I suppose larger platforms like DeFi Kingdoms should have no problems with this cost since they have tens of millions in TVL in their subnet. I expect most subnets to end up being extremely centralized. > * **Subnets are independent blockchains that don't inherit security or interoperability** Unlike Ethereum Layer 2 rollups, subnets don't inherit security from Avalanche's built-in network. And unlike Polkadot's XCM and Cosmos Hub's IBC, there are no communications interoperability between Avalache's subnets. They're each on their own island and need insecure bridges to reach each other and the primary network. Why not build on Polkadot or Cosmos Hub, which have way more interoperability? > * **Subnets are mostly pointless**: Aside from inheriting some Avalanche infrastructure and blockchain tools, there's negative economic incentive to build a subnet on Avalanche. If you're developing a subnet, you're paying Avalanche validators to secure their primary network while getting nothing useful in return. > > **Very poor tokenomics for investors over the next several decades** > > * In summary, the network is sustained by high inflation, which is how it keeps transaction fees low. > * **Low circulating supply**: The circulating supply is currently only about 40% of its market cap. The AVAX token has 10% annual inflation and **can dilute its supply by another 150%**. Validators are paid by staking rewards, and those staking rewards account for a HUGE amount of annual inflation. Before the end of the decade, staking rewards will account for over 50% of the total circulating supply. > * **Supply dilution**: The annual inflation isn't that bad, but Messario.io reveals that the [vesting schedule](https://messari.io/asset/avalanche/profile/launch-and-initial-token-distribution) is really bad for public investors. It's looking at a 30% increase in supply from a combination of inflation and vesting in 2022, followed by a 22% increase in 2023. > * **Transaction fees are burned, but the transactions fees are so low that the [burnt amount is unnoticeable](https://burnedavax.com/).** Burns are in the tens of millions of dollars while issuance is 100x greater in the billions of dollars. Compare this to Ethereum's burn, [which currently reduces issuance by nearly 60%](https://watchtheburn.com/). ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/tuwtxl/top_coins_avalanche_conarguments_april_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Avalanche) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10iydf2/daily_general_discussion_january_23_2023_gmt0/).

CointestMod

#Avalanche Pro-Arguments Below is an argument written by cryotosensei which won 3rd place in the Avalanche Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > > 1. Avalanche is a good layer-1 blockchain, which will offer an alternative to Ethereum mainnet and layer-2 solutions. Its less-than-2-seconds finality is superior to that of other blockchains. > 2. Avalanche makes possible the interoperability of blockchains as it allows for speedy transfers of Avalanche and Ethereum assets between blockchains. This is because of the availability of the Subnet-Ethereum Virtual Machine that lets developers create their own programmable EVM-compatible blockchain. > 3. Avalanche has a growing DeFi ecosystem. Last year, the Avalanche Foundation rolled out Avalanche Rush, a $180M liquidity mining incentive program and successfully wooed AAVE and Curve - two significant protocols - to launch on it. > 4. As such, Avalanche has attracted keen interest from both traditional institutional giants and crypto firms. Grayscale is considering it; Celsius allows investors to earn interest on it. FTX now accepts USDC in AVAX. Even 1inch network has expanded its limit order protocols to AVAX. > 5. Avalanche has goals that it is working steadily towards, which could inspire investor confidence. To solidify its niche in subnets, it has rolled out a dedicated Avalanche Multiverse program. DeFi Kingdoms is the first subnet to receive financial support through this program. Aside from subnets, it is funding creative projects through its Culture Catalyst Fund. A joint partnership with Web3 social media platform Op3n, this fund has decided on its first recipient, Grimes, who intend to launch an intergalactic children’s metaverse book on both platforms. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/tuwtw2/top_coins_avalanche_proarguments_april_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Avalanche) to find arguments on this topic in other rounds.

CointestMod

Submit a pro/con argument in the [Cointest](https://www.reddit.com/r/CointestOfficial/wiki/cointest_policy) and potentially win [Moons](https://coinmarketcap.com/currencies/moon/). Moon prizes by award for the Top Coins category are: **1st - 600, 2nd - 300, 3rd - 150, and Best Analysis - 1000.** --- To submit an AVAX pro-argument, [click here](https://old.reddit.com/r/CointestOfficial/comments/tuwtw2/top_coins_avalanche_proarguments_april_2022/). | To submit an AVAX con-argument, [click here](https://old.reddit.com/r/CointestOfficial/comments/tuwtxl/top_coins_avalanche_conarguments_april_2022/).

witcherycro

A major reason behind whales’ interest and AVAX’s popularity can be its recent price action as its weekly chart was painted green. According to CoinMarketCap, AVAX’s price surged by more than 6% in the last seven days and at the time of writing, it was trading at $17.16 with a market capitalization of over $5.3 billion.

TheDoge420

yup, now is a good time to grab some meme-coins and alts, especially since BTC and ETH are above my average aka making me $$$, could see a drop back down but feels like some nice momentum, picked up some meme-coins myself: AVAX and SHIB

CryptoMundi

Yes! Really wanting to pick up some AVAX even lower!

Grunblau

Setting some buys at resistance levels on BTC, ATOM, ALGO, and AVAX

CointestMod

#Cosmos Con-Arguments Below is an argument written by Shippior which won 1st place in the Cosmos Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > [Cosmos](https://cosmos.network/) ([ATOM](https://www.coingecko.com/en/coins/cosmos-hub)) is a dPoS blockchain. Often it is named in the list of 3rd generation blockchains like ADA, DOT, ALGO, etc. As one can already see it has a lot of competition. As of yet it has to endure at least ADA, DOT and AVAX being above in market cap. Even Cronos (CRO) which is based on the Cosmos SDK has a higher market cap than ATOM itself. This proves that so far ATOM hasnt been really popular with the people and it is resembled by the lack of marketing for the chain. > > To be able to get a better comparison between ATOM and it's competitors first it should be explained better what the vision and role of Cosmos is. Cosmos Hub acts as a security relayer for the Cosmos cryptoverse. There are no smart contracts on the Cosmos chain itself and there is limited governance available. It's main reason is to secure the IBC (inter blockchain connection) network which allows all chains within the Cosmos network to easily communicate with each other. > > Currently there is a debate happening, backed up by a governance proposal, to allow the use of smart contract (implement CosmWasm which is the smart contract enabler on Cosmos network). However this has been met with fierce arguments between pro and con groups, the con group being led by [Jae Kwon](https://twitter.com/jaekwon) one of the main developers of Cosmos who treathens to make his own chain. All in all this discussion might be beneficial going forward but it does deliver a lot of FUD to the community (there is a lot of FUD currently in the Cosmos network, but that is a whole different story). > > Due to the current position of Cosmos Hub, only ensuring security, the discussion has come up in the community what the use is of the ATOM coin. It provides no incentive but a low APR for staking, the lock-up period of 21 days is significantly longer than for many of its competitors, and there are a lot of coins in the Cosmos network available that are more usefull for using in DeFi. As of now ATOM is valuable because a lot of aidrops are based on the amount of ATOM a person has staked, but who knows what happens with the price of ATOM once the airdrops dry up. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/sifdml/coin_inquiries_cosmos_conarguments_february_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10hdaqg/daily_general_discussion_january_21_2023_gmt0/).

Fletchskis

Defi Kingdoms is a great NFT hero based game. Send heroes on quests to earn materials and gold, provide liquidity and get a boost with the gardening quests, mine gold to sell and improve your NFT heroes! It’s main token Jewel has a supply of 125 million and is burnt as gas on DFK chain. Jewel is the token to single stake and earn fees from the in game DEX. To buy heroes and to improve them use the power token on the appropriate chain. The universe includes 2 chains, 1 realm on Klatyn and 1 on one of the First AVAX subnets: DFK chain. DFK has been busy building all through the bear market, and has vastly improved since being worth over a Billion in Jan 2022 and was Harmony’s shining star. Defi Kingdoms has a dedicated community with over 75k members on discord and is currently sitting undervalued at only 0.26 usd There is an entire dueling system and also barely scratched the surface on summoning, which can net extremely rare heroes with luck and the right combos! I am extremely bullish on DFK in the future

CointestMod

#Avalanche Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the Avalanche Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Avalanche is a relatively-new (only 1.5 years old) multi-blockchain crypto project whose token, AVAX, shot up into the top 10 cryptocurrencies by market cap in just 1 year. It has since fallen a bit. > > I have a separate summary of [Avalanche here](https://np.reddit.com/r/MPlankton/comments/ukjt2e/avalanche_research_summary/) that discusses the platform in more detail. > > This post only lists the CONs > > ##CONs > > **Limits to scalability** > > * The Avalanche C-Chain is a monolithic blockchain with a TPS limit of about 900 TPS. This is an upper limit that depends on how heavily smart contracts are being used. This is way slower than Algorand, which can already do 1000 TPS with with their Layer 1 smart contracts and can theoretically scale to [50K TPS](https://www.algorand.com/120720-Algorand%202021%20Performance.pdf) with higher block sizes and block pipelining. > * In addition, Avalanche does not plan to have Layer 2 scaling, so it can't compete against multi-layer blockchains. Instead, it supports subnets, which are siloed, independent blockchains that require insecure bridges to connect with other subnets. > > **Low adoption and Usage** > > * Ethereum still has an immense lead as a smart contract blockchain. No matter how better-designed and efficient Avalanche is, it may never catch up to Ethereum in terms of adoption. In DeFi, Ethereum has 10x Avalanche's TVL [DeFi Llama](https://defillama.com/chain/Avalanche). > * The X-Chain, designed for non-smart contract transactions, only sees 5000 transactions per **day** despite being technically superior to its biggest UTXO-competitors, Bitcoin and Cardano. That's about 1 transaction every minute. **Avalanche is often quoted as a 4500 TPS network, but this network is an absolute ghost town that doesn't even get 0.001 transaction per second of actual activity.** > > **Weak wallet support** > > * The C-Chain is supported by several wallets and multiple CEXs, but there's very limited external support for the other built-in chains. > * The Avalanche Core wallet is still under development, so most users are stuck with the limited Avalanche Web Wallet. > > **Subnet downsides** > > * **Subnets are moderately expensive.** It's recommended that subnets run at least 5 validators, each of which needs to stake a minimum of 2000 AVAX (over $100K USD as of May 2022). So the minimum-recommended 5 validator setup will cost $500K USD, making it pretty expensive to start a subnet unless you're borrowing existing validators. I suppose larger platforms like DeFi Kingdoms should have no problems with this cost since they have tens of millions in TVL in their subnet. I expect most subnets to end up being extremely centralized. > * **Subnets are independent blockchains that don't inherit security or interoperability** Unlike Ethereum Layer 2 rollups, subnets don't inherit security from Avalanche's built-in network. And unlike Polkadot's XCM and Cosmos Hub's IBC, there are no communications interoperability between Avalache's subnets. They're each on their own island and need insecure bridges to reach each other and the primary network. Why not build on Polkadot or Cosmos Hub, which have way more interoperability? > * **Subnets are mostly pointless**: Aside from inheriting some Avalanche infrastructure and blockchain tools, there's negative economic incentive to build a subnet on Avalanche. If you're developing a subnet, you're paying Avalanche validators to secure their primary network while getting nothing useful in return. > > **Very poor tokenomics for investors over the next several decades** > > * In summary, the network is sustained by high inflation, which is how it keeps transaction fees low. > * **Low circulating supply**: The circulating supply is currently only about 40% of its market cap. The AVAX token has 10% annual inflation and **can dilute its supply by another 150%**. Validators are paid by staking rewards, and those staking rewards account for a HUGE amount of annual inflation. Before the end of the decade, staking rewards will account for over 50% of the total circulating supply. > * **Supply dilution**: The annual inflation isn't that bad, but Messario.io reveals that the [vesting schedule](https://messari.io/asset/avalanche/profile/launch-and-initial-token-distribution) is really bad for public investors. It's looking at a 30% increase in supply from a combination of inflation and vesting in 2022, followed by a 22% increase in 2023. > * **Transaction fees are burned, but the transactions fees are so low that the [burnt amount is unnoticeable](https://burnedavax.com/).** Burns are in the tens of millions of dollars while issuance is 100x greater in the billions of dollars. Compare this to Ethereum's burn, [which currently reduces issuance by nearly 60%](https://watchtheburn.com/). ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/tuwtxl/top_coins_avalanche_conarguments_april_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Avalanche) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10hdaqg/daily_general_discussion_january_21_2023_gmt0/).

CointestMod

#Avalanche Pro-Arguments Below is an argument written by cryotosensei which won 3rd place in the Avalanche Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > > 1. Avalanche is a good layer-1 blockchain, which will offer an alternative to Ethereum mainnet and layer-2 solutions. Its less-than-2-seconds finality is superior to that of other blockchains. > 2. Avalanche makes possible the interoperability of blockchains as it allows for speedy transfers of Avalanche and Ethereum assets between blockchains. This is because of the availability of the Subnet-Ethereum Virtual Machine that lets developers create their own programmable EVM-compatible blockchain. > 3. Avalanche has a growing DeFi ecosystem. Last year, the Avalanche Foundation rolled out Avalanche Rush, a $180M liquidity mining incentive program and successfully wooed AAVE and Curve - two significant protocols - to launch on it. > 4. As such, Avalanche has attracted keen interest from both traditional institutional giants and crypto firms. Grayscale is considering it; Celsius allows investors to earn interest on it. FTX now accepts USDC in AVAX. Even 1inch network has expanded its limit order protocols to AVAX. > 5. Avalanche has goals that it is working steadily towards, which could inspire investor confidence. To solidify its niche in subnets, it has rolled out a dedicated Avalanche Multiverse program. DeFi Kingdoms is the first subnet to receive financial support through this program. Aside from subnets, it is funding creative projects through its Culture Catalyst Fund. A joint partnership with Web3 social media platform Op3n, this fund has decided on its first recipient, Grimes, who intend to launch an intergalactic children’s metaverse book on both platforms. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/tuwtw2/top_coins_avalanche_proarguments_april_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Avalanche) to find arguments on this topic in other rounds.

CointestMod

Submit a pro/con argument in the [Cointest](https://www.reddit.com/r/CointestOfficial/wiki/cointest_policy) and potentially win [Moons](https://coinmarketcap.com/currencies/moon/). Moon prizes by award for the Top Coins category are: **1st - 600, 2nd - 300, 3rd - 150, and Best Analysis - 1000.** --- To submit an AVAX pro-argument, [click here](https://old.reddit.com/r/CointestOfficial/comments/tuwtw2/top_coins_avalanche_proarguments_april_2022/). | To submit an AVAX con-argument, [click here](https://old.reddit.com/r/CointestOfficial/comments/tuwtxl/top_coins_avalanche_conarguments_april_2022/).

CointestMod

#Cosmos Con-Arguments Below is an argument written by Shippior which won 1st place in the Cosmos Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > [Cosmos](https://cosmos.network/) ([ATOM](https://www.coingecko.com/en/coins/cosmos-hub)) is a dPoS blockchain. Often it is named in the list of 3rd generation blockchains like ADA, DOT, ALGO, etc. As one can already see it has a lot of competition. As of yet it has to endure at least ADA, DOT and AVAX being above in market cap. Even Cronos (CRO) which is based on the Cosmos SDK has a higher market cap than ATOM itself. This proves that so far ATOM hasnt been really popular with the people and it is resembled by the lack of marketing for the chain. > > To be able to get a better comparison between ATOM and it's competitors first it should be explained better what the vision and role of Cosmos is. Cosmos Hub acts as a security relayer for the Cosmos cryptoverse. There are no smart contracts on the Cosmos chain itself and there is limited governance available. It's main reason is to secure the IBC (inter blockchain connection) network which allows all chains within the Cosmos network to easily communicate with each other. > > Currently there is a debate happening, backed up by a governance proposal, to allow the use of smart contract (implement CosmWasm which is the smart contract enabler on Cosmos network). However this has been met with fierce arguments between pro and con groups, the con group being led by [Jae Kwon](https://twitter.com/jaekwon) one of the main developers of Cosmos who treathens to make his own chain. All in all this discussion might be beneficial going forward but it does deliver a lot of FUD to the community (there is a lot of FUD currently in the Cosmos network, but that is a whole different story). > > Due to the current position of Cosmos Hub, only ensuring security, the discussion has come up in the community what the use is of the ATOM coin. It provides no incentive but a low APR for staking, the lock-up period of 21 days is significantly longer than for many of its competitors, and there are a lot of coins in the Cosmos network available that are more usefull for using in DeFi. As of now ATOM is valuable because a lot of aidrops are based on the amount of ATOM a person has staked, but who knows what happens with the price of ATOM once the airdrops dry up. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/sifdml/coin_inquiries_cosmos_conarguments_february_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10hdaqg/daily_general_discussion_january_21_2023_gmt0/).

sickvisionz

It's pretty complicated the last time I checked. I'm staking ADA, ATOM, SCRT, AVAX, SOL, MATIC and HBAR and I use defi all the time. Trying to decipher the Polkadot staking system was by far the hardest thing I've ever had to figure out in crypto. It was harder than knowing nothing about crypto and figuring out what a blockchain is and how wallets work. It was harder than the fist time I made a LP in defi or bridged tokens from one chain to another. I even wrote a javascript program to claim token rewards... there is nothing in crypto as complex as Polkadot staking. I ended up just going with Lido. It's liquid staking. You can go through the process of converting your Polkadot DOT into Lido Staked DOT (which is more steps than normal staking yet an easier process) or you can just buy Lido Staked DOT on a DEX and now you have it.

Grunblau

Any update on AVAX Core wallet for OS? This has held me up from getting more for some staking.

UrektMazino

Same strategy as mine, same coins except i'm also accumulating ROSE and AVAX

GalcomMadwell

Is AVAX worth buying? I always see it mentioned / hyped up but just keep buying ETH instead.

Hot-Canceld

AVAX already has an EGG coin

AsbestosDude

Yeah fair enough, tbh those three I think are fairly well situated. I wonder what sort of ties AVAX had to ftx, it seemed to react a little violently.

CointestMod

#Avalanche Con-Arguments Below is an argument written by FrogsDoBeCool which won 2nd place in the Avalanche Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > # Avax - i need to make this in 20 min help me > > disclaimer: don't own AVAX, have never owned it, I've had no general opinion about this crypto before making this piece. > > * **Validators** > * To become a validator on the AVAX network, [you need 2000 AVAX](https://docs.avax.network/nodes/build/set-up-an-avalanche-node-with-microsoft-azure#:~:text=Currently%20the%20minimum%20amount%20required,to%20help%20towards%20running%20costs).. or $34,000. at avax's peak this was closer to $240,000. A small few amount of people will end up being validators on the avax network leading to a centralization of the network. > * there are currently 1200 validators, ETH has 200,000 on PoW, [and supposedly may have 400,000 when PoS is put into place.](https://beaconcha.in/charts/validators) > * **Inflation** > * The circulating [supply](https://messari.io/asset/avalanche/charts/supply) of AVAX has gone from 243 million to 280 million in the last 7 months, or a 15% inflation rate, about a 28% yearly inflation rate. This, is obviously unsustainable. Even worse, the supply is expected by 2025 to be a [little less than double](https://medium.com/@bacool/on-the-economics-and-governance-of-avalanche-avax-b6beecff5d61) of what it currently is > * twitter moment > * one of the creators of AVAX [doesn't know basic economics.](https://twitter.com/kevinsekniqi/status/1541432163085828102?s=20&t=Or87XbwoYjF-Otlq3-RzCw)... like. *the stock market is not one specific market*, it's literally every single public business in America, then there's the global market which is different, but the stock market is not just "the tech" or the "banking" or some sector, compared to crypto, a very niche tech field. also, percentages exist my guy. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/tuwtxl/top_coins_avalanche_conarguments_april_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Avalanche) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10fmn05/daily_general_discussion_january_19_2023_gmt0/).

CointestMod

#Avalanche Pro-Arguments Below is an argument written by ExchangeEnough7821 which won 2nd place in the Avalanche Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > AVAX Pros: (similar to my previous Avax post from the January round) > > What is Avalanche? > > Avalanche is a cryptocurrency that uses smart contracts in order to host a large number of blockchain projects. It is one of the many coins that potentially could rival Ethereum. The two main priorities and focuses of the AVAX project are the speed of transactions of this coin, and the scalability of this coin and its infrastructure. Finally, the avalanche is completely open source, so all users can add to or just look at the code that makes up AVAX. > > What are the pros of Avalanche? > > Most notably, Avalanche has a very quick transaction processing speed, So far, AVAX can handle 4,500 transactions per second, a large increase compared to Ethereum’s 15 per second - seemingly tiny in comparison. Therefore, Avalanche has a greater ability to scale large amounts – it can handle large demand and interaction that comes with a popular network. > > One of the things most valued by those using the AVAX blockchain and invested in the avalanche coin is the rewards given for processing AVAX transactions. This reward structure is so attractive particularly due to its low system requirements- only 4GB RAM and a 2GHz CPU are needed, making this reward structure accessible to everyone, in turn making the user base of AVAX larger. By rewarding participation, it encourages users to get involved with the avalanche network. > > Finally, Avalanche uses 3 compatible and interoperable blockchains that, when used together, can overcome issues faced by other blockchains. The first of these is the X-Chain, which is responsible for creating and exchanging the AVAX assets and of course coins. Secondly, there is the C-Chain (the contract chain) which is for hosting the decentralised applications and smart contracts. Finally, the P-Chain keeps track of active subnets, and easily creates new ones. When all of these are combined, the AVAX blockchain is well rounded and with few flaws. > > In conclusion, the main pros of the Avalanche network is its incredibly fast processing speed, rewards scheme and the interoperable blockchains that overcome issues faced by many other ones. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/tuwtw2/top_coins_avalanche_proarguments_april_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Avalanche) to find arguments on this topic in other rounds.

CointestMod

Submit a pro/con argument in the [Cointest](https://www.reddit.com/r/CointestOfficial/wiki/cointest_policy) and potentially win [Moons](https://coinmarketcap.com/currencies/moon/). Moon prizes by award for the Top Coins category are: **1st - 600, 2nd - 300, 3rd - 150, and Best Analysis - 1000.** --- To submit an AVAX pro-argument, [click here](https://old.reddit.com/r/CointestOfficial/comments/tuwtw2/top_coins_avalanche_proarguments_april_2022/). | To submit an AVAX con-argument, [click here](https://old.reddit.com/r/CointestOfficial/comments/tuwtxl/top_coins_avalanche_conarguments_april_2022/).

coinfeeds-bot

tldr; Avalanche’s (AVAX) price surge is likely due to a broader cryptocurrency market pump which will likely end with the rest of the market, according to a recent analysis. The total value locked in Avalanche's DeFi ecosystem is near two-year lows of $885 million, ranking sixth in comparative liquidity of other chains. The project has found some success with gaming subnets like DeFi Kingdoms and Swimmer Network. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Ceago

Copy pasting my other post. Its a legitimate partnership but I believe the importance is overstated. Amazon will work with AVAX but as you speculated it's not something exclusive and the program they are under has quite a lot of other participants. Like another poster said its basically gray. Only time will tell how this partnership plays out and whether Amazon actually pursues utilization of AVAX rather than using a partnership to explore new technologies. People calling it outright fake though are morons who don't read past headline + upvotes.

Ceago

Its a legitimate partnership but I believe the importance is overstated. Amazon will work with AVAX but as you speculated it's not something exclusive and the program they are under has quite a lot of other participants. Like another poster said its basically gray. Only time will tell how this partnership plays out and whether Amazon actually pursues utilization of AVAX rather than using a partnership to explore new technologies. People calling it outright fake though are morons who don't read past headline + upvotes.

New_Accident_4909

Cosmos ecosystem mostly, but FTX and AVAX too.

New_Accident_4909

Good for AVAX, not so great news for lightning network as it should have more adoption.

CointestMod

#Avalanche Con-Arguments Below is an argument written by FrogsDoBeCool which won 2nd place in the Avalanche Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > # Avax - i need to make this in 20 min help me > > disclaimer: don't own AVAX, have never owned it, I've had no general opinion about this crypto before making this piece. > > * **Validators** > * To become a validator on the AVAX network, [you need 2000 AVAX](https://docs.avax.network/nodes/build/set-up-an-avalanche-node-with-microsoft-azure#:~:text=Currently%20the%20minimum%20amount%20required,to%20help%20towards%20running%20costs).. or $34,000. at avax's peak this was closer to $240,000. A small few amount of people will end up being validators on the avax network leading to a centralization of the network. > * there are currently 1200 validators, ETH has 200,000 on PoW, [and supposedly may have 400,000 when PoS is put into place.](https://beaconcha.in/charts/validators) > * **Inflation** > * The circulating [supply](https://messari.io/asset/avalanche/charts/supply) of AVAX has gone from 243 million to 280 million in the last 7 months, or a 15% inflation rate, about a 28% yearly inflation rate. This, is obviously unsustainable. Even worse, the supply is expected by 2025 to be a [little less than double](https://medium.com/@bacool/on-the-economics-and-governance-of-avalanche-avax-b6beecff5d61) of what it currently is > * twitter moment > * one of the creators of AVAX [doesn't know basic economics.](https://twitter.com/kevinsekniqi/status/1541432163085828102?s=20&t=Or87XbwoYjF-Otlq3-RzCw)... like. *the stock market is not one specific market*, it's literally every single public business in America, then there's the global market which is different, but the stock market is not just "the tech" or the "banking" or some sector, compared to crypto, a very niche tech field. also, percentages exist my guy. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/tuwtxl/top_coins_avalanche_conarguments_april_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Avalanche) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10fmn05/daily_general_discussion_january_19_2023_gmt0/).

CointestMod

#Avalanche Pro-Arguments Below is an argument written by cryotosensei which won 3rd place in the Avalanche Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > > 1. Avalanche is a good layer-1 blockchain, which will offer an alternative to Ethereum mainnet and layer-2 solutions. Its less-than-2-seconds finality is superior to that of other blockchains. > 2. Avalanche makes possible the interoperability of blockchains as it allows for speedy transfers of Avalanche and Ethereum assets between blockchains. This is because of the availability of the Subnet-Ethereum Virtual Machine that lets developers create their own programmable EVM-compatible blockchain. > 3. Avalanche has a growing DeFi ecosystem. Last year, the Avalanche Foundation rolled out Avalanche Rush, a $180M liquidity mining incentive program and successfully wooed AAVE and Curve - two significant protocols - to launch on it. > 4. As such, Avalanche has attracted keen interest from both traditional institutional giants and crypto firms. Grayscale is considering it; Celsius allows investors to earn interest on it. FTX now accepts USDC in AVAX. Even 1inch network has expanded its limit order protocols to AVAX. > 5. Avalanche has goals that it is working steadily towards, which could inspire investor confidence. To solidify its niche in subnets, it has rolled out a dedicated Avalanche Multiverse program. DeFi Kingdoms is the first subnet to receive financial support through this program. Aside from subnets, it is funding creative projects through its Culture Catalyst Fund. A joint partnership with Web3 social media platform Op3n, this fund has decided on its first recipient, Grimes, who intend to launch an intergalactic children’s metaverse book on both platforms. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/tuwtw2/top_coins_avalanche_proarguments_april_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Avalanche) to find arguments on this topic in other rounds.

CointestMod

Submit a pro/con argument in the [Cointest](https://www.reddit.com/r/CointestOfficial/wiki/cointest_policy) and potentially win [Moons](https://coinmarketcap.com/currencies/moon/). Moon prizes by award for the Top Coins category are: **1st - 600, 2nd - 300, 3rd - 150, and Best Analysis - 1000.** --- To submit an AVAX pro-argument, [click here](https://old.reddit.com/r/CointestOfficial/comments/tuwtw2/top_coins_avalanche_proarguments_april_2022/). | To submit an AVAX con-argument, [click here](https://old.reddit.com/r/CointestOfficial/comments/tuwtxl/top_coins_avalanche_conarguments_april_2022/).

CointestMod

#Cosmos Con-Arguments Below is an argument written by Shippior which won 1st place in the Cosmos Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > [Cosmos](https://cosmos.network/) ([ATOM](https://www.coingecko.com/en/coins/cosmos-hub)) is a dPoS blockchain. Often it is named in the list of 3rd generation blockchains like ADA, DOT, ALGO, etc. As one can already see it has a lot of competition. As of yet it has to endure at least ADA, DOT and AVAX being above in market cap. Even Cronos (CRO) which is based on the Cosmos SDK has a higher market cap than ATOM itself. This proves that so far ATOM hasnt been really popular with the people and it is resembled by the lack of marketing for the chain. > > To be able to get a better comparison between ATOM and it's competitors first it should be explained better what the vision and role of Cosmos is. Cosmos Hub acts as a security relayer for the Cosmos cryptoverse. There are no smart contracts on the Cosmos chain itself and there is limited governance available. It's main reason is to secure the IBC (inter blockchain connection) network which allows all chains within the Cosmos network to easily communicate with each other. > > Currently there is a debate happening, backed up by a governance proposal, to allow the use of smart contract (implement CosmWasm which is the smart contract enabler on Cosmos network). However this has been met with fierce arguments between pro and con groups, the con group being led by [Jae Kwon](https://twitter.com/jaekwon) one of the main developers of Cosmos who treathens to make his own chain. All in all this discussion might be beneficial going forward but it does deliver a lot of FUD to the community (there is a lot of FUD currently in the Cosmos network, but that is a whole different story). > > Due to the current position of Cosmos Hub, only ensuring security, the discussion has come up in the community what the use is of the ATOM coin. It provides no incentive but a low APR for staking, the lock-up period of 21 days is significantly longer than for many of its competitors, and there are a lot of coins in the Cosmos network available that are more usefull for using in DeFi. As of now ATOM is valuable because a lot of aidrops are based on the amount of ATOM a person has staked, but who knows what happens with the price of ATOM once the airdrops dry up. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/sifdml/coin_inquiries_cosmos_conarguments_february_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10fmn05/daily_general_discussion_january_19_2023_gmt0/).

polloponzi

>The blog was actually co authored by 2 AVAX/avalabs members and 2 AWS members. ( > >[https://aws.amazon.com/blogs/startups/building-application-specific-blockchains-with-aws-on-avalanche/](https://aws.amazon.com/blogs/startups/building-application-specific-blockchains-with-aws-on-avalanche/) > >). Scroll to the bottom and confirm for yourselves who the 4 co-authors are. ​ So? Do you realize that amazon blog is a blog for startups, where they post articles from the companies that do "partnerships" with Amazon EWS. Partnership in this case is the company paying Amazon to use their services and getting a discount for big volume. Check: [https://aws.amazon.com/blogs/startups/](https://aws.amazon.com/blogs/startups/) that blog site is full of articles from "startup products" where the blog entry is written by the startup founders. ​ >They aren’t paying AWS, this is a start up partnership. (Refer to co-authored blog & joint twitter space links) Give me a proof of this other than assuming that because they had some blog posts and tweets posted from the Amazon account they are not paying.

genjitenji

AVAX leadership: “we do a little bit of trolling”

ll_TheBrave_ll

This sub is full of deception and misleading a holes. For example: This sub was filled with hype and bullish sentiment for BTC, Solana, SHIb, AVAX, dot, and others when they’ve been performing like shit since the dump last May. Meanwhile, LTC has been outperforming all of them since the May dump yet I see hardly anything about it’s strength in the market. Don’t understand it.

WorkBitter6060

AVAX/Enim literally got a grant from the Tezos Foundation to create the Avalanche protocol. He stole the money and made Avax.

ll_TheBrave_ll

Solana, SHIb, AVAX, and other shit all pumped like 50+% over the past month and you guys honestly thought this was a sign of a bullish market lmao? This sub needs help. Looking forward to the day all of the shitty scams get obliterated as they rightly deserve.

gonzaloetjo

Honestly, both are true. The “partnership” is a thing anyone can get. The comments hating are exaggerated, AVAX is quite interesting, and I’m also mostly into dot but you can’t really argue AVAX is not one of the high quality projects.

zennlV

This post's why people should advocate for sources and avoid spreading misinformation. I'm sure that there are already some comments that debunk this attempt to FUD AVAX without any special reason, but this also harms the healthy environment this subreddit should follow. At this point, it is about competition, paidshills doing dirty work or people who don't look further than reading fake news. But this doesn't contribute to something that should be watched as positive news to the space. Nonsense FUD.