Avalaunch is an auction and fundraising protocol designed for the Avalanche ecosystem-often described as a launchpad or IDO platform. It aims to support fair and transparent fundraising, enable permissionless listings, and let XAVA holders grow alongside the network, no matter whether they actively participate on-chain. 

Built for investors, teams, and communities, the platform lets users join IDOs, while projects can use it to run token sales and raise funds toward their development. Overall, Avalaunch functions as an accelerator for applications created on Avalanche.

By drawing on Avalanche’s consensus protocol and underlying architecture, Avalaunch seeks to provide low fees, near-instant finality, strong scalability, and subnets-along with high security and more. It is currently the only Launchpad operating on the Avalanche ecosystem.

XAVA is Avalaunch’s native token and serves as a utility token. The total supply of XAVA is 100,000,000. XAVA holders can stake on Avalaunch, earning additional XAVA rewards and gaining eligibility to participate in token sales on the platform.

What are Avalaunch’s key features and how does it work?

Teams can publish their projects for token sales on the platform, and users can join those offerings. It also assists teams in launching tokens and protocols and reaching a broader audience as the userbase grows. 

To join an IDO on the platform, users must hold a specified amount of XAVA and stake it. Allocations for each project’s IDO are determined by how much XAVA a user has staked. Higher staked amounts generally lead to larger allocations, though there is a cap to ensure more participants can join. In addition, users must complete KYC.

What is noteworthy about XAVA?

The platform provides a straightforward path for Avalanche-based applications to pursue their funding objectives.

Where can you buy XAVA?

XAVA can be traded on the following CEXs and DEXs listed here. The most widely used venues with the greatest liquidity are Trader Joe, Pangolin, and KuCoin.

XAVA’s price changes based on the exchange selected and broader market conditions. For current and historical information on ALPHA market price, consult the price charts on this page.