AvaAutumn is here!
In this post
Avalanche Rush Incentives
Many Avalanche-native projects have joined the incentive program. Yield Yak[$100,000], Pangolin[$2M], and BenQi[$3m] to name a few.
Apricot Phase Four Initiation
On September 22nd, Apricot Phase four was activated. As a result, three critical optimizations took place.
- Snowman ++
- C-Chain Fee Reductions
- Block-Based Fees
More information regarding the most recent Apricot upgrade can be viewed in the link above.
It’s just getting started.
As Autumn is officially here, this marks the beginning of AvaAutumn.
The Avalanche Rush program has already onboarded the likes of AAVE($AAVE), Curve($CRV), Sushi($SUSHI), and the Kyber Network($KNC).
However, the deployment of the aforementioned applications is imminent. Below, are the following reward allocations for each application.
- AAVE– $20M in AVAX rewards
- Curve-$7M in AVAX rewards
- Sushi– $15M in AVAX rewards
- Kyber Network– $5.8M in incentives (launched September 17th)
Avalanche TVL jumps 10x since Avalanche Rush Announcment!
Ever since Avalanche Rush was officially announced on August 18th, the total value locked skyrocketed 1000%.
According to DefiLlama, Avalanche has a TVL of $3.1B! [per September 23rd].
With several Avalanche Rush applications impending deployment, it is very exciting to see what the future lies ahead in the Avalanche ecosystem!
