According to Foresight News: The Avalanche Foundation will provide up to $3 million worth of AVAX tokens to Dexalot, a decentralized exchange platform built on the Avalanche subnetwork. This plan is part of the Avalanche Multiverse, an incentive fund aimed at driving the growth of new subnetworks. Starting this autumn, the funds will be released through the Dexalot incentive program over a 12-month period.

Foresight News previously reported that Dexalot launched its exchange subnetwork with a limit order book model on Avalanche in February this year.