AVAX

E920338

AVAX is the native cryptocurrency used for transactions, staking, and governance on the Avalanche high-performance smart contract blockchain platform.

All labels observed (2)

Label Occurrences
AVAX canonical 10
AVAX as primary fee token 1

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf cryptocurrency ⓘ
utility token ⓘ
assetClass digital asset ⓘ
blockchainPlatform Avalanche ⓘ
category layer-1 blockchain token ⓘ
consensusMechanism Avalanche consensus ⓘ
divisible yes ⓘ
ecosystem Avalanche primary network ⓘ
linked to: Avalanche mainnet
ecosystemRole base asset for Avalanche dApps ⓘ
feeBurning a portion of fees is burned ⓘ
feeModel transaction fees paid in AVAX ⓘ
governanceModel on-chain governance ⓘ
governanceScope economic parameters ⓘ
network parameters ⓘ
launchedOn Avalanche mainnet ⓘ
nativeTokenOf Avalanche ⓘ
networkName Avalanche C-Chain ⓘ
Avalanche P-Chain ⓘ
Avalanche X-Chain ⓘ
platformType high-performance smart contract platform ⓘ
primaryUseCase DeFi applications on Avalanche ⓘ
NFT marketplaces on Avalanche ⓘ
payment of gas for smart contract execution ⓘ
rewardType staking rewards ⓘ
riskType market volatility ⓘ
roleOnCChain gas token ⓘ
roleOnPChain governance token ⓘ
staking token ⓘ
roleOnXChain medium of exchange ⓘ
securityRole economic security for validators ⓘ
settlementLayerFor Avalanche-based DeFi protocols ⓘ
stakingPurpose securing the Avalanche network ⓘ
stakingRequirement minimum AVAX balance ⓘ
supplyPolicy capped maximum supply ⓘ
supports smart contracts ⓘ
supportsFeature fast finality ⓘ
high throughput ⓘ
supportsStandard ERC-20 wrapped representations on other chains ⓘ
symbol AVAX ⓘ
tradableOn cryptocurrency exchanges ⓘ
transferable yes ⓘ
underlyingNetworkToken Avalanche network ⓘ
linked to: Avalanche mainnet
usedBy dApp users ⓘ
delegators ⓘ
validators ⓘ
usedFor governance ⓘ
staking ⓘ
transaction fees ⓘ

How these facts were elicited

Referenced by (11)

Full triples — surface form annotated when it differs from this entity's canonical label.

Avalanche → tickerSymbol → AVAX ⓘ
AVAX → symbol → AVAX ⓘ
X-Chain → uses → AVAX as primary fee token ⓘ
linked to: AVAX
X-Chain → feePaidIn → AVAX ⓘ
C-Chain → nativeToken → AVAX ⓘ
C-Chain → feeToken → AVAX ⓘ