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. 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.
