AVAX (Avalanche) will be launched, AOFEX will open deposits, trading and withdrawal services on time, please stay tuned. The specific time will be announced later, please pay attention.
Please note: the following contents are abstracted from the existing information on the Internet at the time of the announcement, which is for reference only. AOFEX has made a closer effort to check that, but there may be information out of date, error or omission.
Avalanche (Avalanche) Introduction
Avalanche is an open-source platform for launching highly decentralized applications, new financial primitives, and new interoperable blockchains.Built using a groundbreaking consensus protocol, Avalanche -- previously abbreviated as Ava or AVA -- is the first smart contracts platform that confirms transactions in under one second, supports the entirety of the Ethereum development toolkit, and enables millions of full block producers.
White Paper Link：https://files.avalabs.org/papers/token.pdf
For current DeFi projects, they may have high prices and overheated markets, and there may be large deviations between prices and values, which may raise a great venture in the investment capital. Therefore, we highly recommend that users involve and invest very carefully after understanding the projects. It is highly necessary to be aware of the risks by considering the experience and tolerance.
DeFi currencies are usually produced by liquidity mining, which generally have high-risk factors such as production concentration and high inflation rate, and the actual value may change rapidly. Currently, DeFi projects generally have high prices and excessive risk accumulation. Some project codes may have loopholes that have not been audited, and uncertain risks such as the withdraw of the project or the closure of funds, so the prices may fluctuate sharply in the future. It is highly necessary to be aware of the risks by considering the experience and tolerance. Careful operation is a must in the investment process to avoid great loss. AOFEX gives strongly warnings of risk, but cannot accept liability to pay compensation or guarantee for your investment.
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September 22, 2020