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Avalaunch is an auction and fundraising protocol built on the Avalanche ecosystem, also known as a launchpad or IDO platform. The platform promises to deliver fair and equitable fundraising, permissionless listings as well as allow XAVA holders to grow with the network itself, regardless of network participation.
It is built for investors, teams, and communities alike. Users can support and take part in IDOs on the platform, and projects can use the platform to host token sales and fundraise for their project development. In essence, the platform operates as an accelerator for applications built on Avalanche.
Avalaunch leverages the Avalanche ecosystem’s consensus protocol and architecture to offer its users low costs, near-instant finality, a highly-scalable solution, subnets, as well as high levels of security, and more. It is the only Launchpad currently running on the Avalanche ecosystem.
XAVA is Avalaunch’s native token and functions as a utility token. The total supply of XAVA is 100,000,000. XAVA can be used to stake on Avalaunch. Stakers are rewarded with more XAVA tokens and can take part in token sales on the platform.
Teams can list their projects for token sales on the platform for which users can take part. The platform helps such teams to launch their tokens and protocols and reach a wider audience through its growing userbase.
In order to take part in an IDO on the platform, users must own a certain amount of XAVA and stake it. Users receive an allocation for the projects hosting their IDOs on the platform based on the amount of XAVA they have staked. The more XAVA staked the higher the allocation, however, there is an upper limit so that more participants can take part. Additionally, users must also go through the KYC process.
The platform offers a clear route for applications built on Avalanche to reach funding goals.
XAVA is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Trader Joe, Pangolin, and KuCoin.
The price of XAVA will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for ALPHA market price, please view the price charts on this page.
Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
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