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Swissborg Adds AVAX To Its Smart Yield Wallet

Twitter icon  •  Published 1 year ago  •  Hassan Maishera

The Avalanche team announced via a tweet on Monday that its AVAX token is now available on the crypto asset management platform Swissborg.

The Avalanche team announced via a tweet on Monday that its AVAX token is now available on the crypto asset management platform Swissborg. Non-US users of Swissborg can now stake their AVAX tokens on Swissborg’s Smart Yield wallet, which leverages an oracle to scan for and take advantage of yield opportunities with a simple, user-friendly experience.

A Subnet, or Subnetwork, is a dynamic set of validators working together to achieve consensus on the state of a set of blockchains.

Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.

AVAX is up by more than 6% so far today and currently trades at $77.57 per coin.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.