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TheBlock 2020-09-28 22:22:18

Avalanche, the latest staking network to launch, already has more than $1 billion staked

Quick TakeAvalanche (AVAX) is the latest proof-of-stake network to come to the marketplace, officially launching last Monday.The networks C-Chain was made EVM-compatible in order to attract Ethereum developers, allowing them to switch over with little friction.The recently launched PoS blockchain has roughly 234 million AVAX or slightly more than $1 billion staked across 491 validators.

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