$USDC
The AVAX token is the native cryptocurrency of the Avalanche platform, which is a layer-one blockchain designed to provide a fast, scalable, and secure network for decentralized applications (dApps) and smart contracts. It was launched in September 2020 by Ava Labs.
Here are some key details about the AVAX token:
Token Name: Avalanche
Token Symbol: AVAX
Blockchain Type: Layer-One dedicated blockchain.
Use Cases:
Paying transaction fees on the Avalanche network.
Staking: AVAX holders can stake their tokens to secure the network and earn rewards.
Governance: Used to participate in network management and vote on future proposals.