Hi guys, one question about decentralization: will Avalabs be the

Question

Avalanche (AVAX) - Official

Natanael

Hi guys, one question about decentralization: will Avalabs be the

main dev team behind Avalanche forever? Or is there any plan about decentralizing the dev team?

#avalanche #avax #blockchain #cryptocurrency #english

0

08.07.2022

7 ответов

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Natanael Автор вопроса

Nicolas ∀
I don't have insights on how exactly it works so c...

Ok, thank you. I'm trying to understand the finantials of the project. I've read that all the transaction fees on avalanche are burned. Is that true? In this case, what is the incentive of the validators?

0

08.07.2022

Justin

Natanael
Ok, thank you. I'm trying to understand the finant...

👋 That is correct, all fees are burned as you can see in real time here https://burnedavax.com/ Validator nodes receive AVAX rewards. As more subnets continue to launch Validators will be incentized by specific subnet's rewards as the primary network's rewards eventually drop. Currently validators earn up to 11% and each node can validate multiple subnets simultaneously. This twitter thread breaks it down well: https://twitter.com/CryptoSeq/status/1515587934610722822?s=20&t=6EeuKaRKd_mUfkkfbUcR5A I can't speak specifically on financials, but what I will say is the Avalanche Foundation and Ava Labs are both committed to long term growth and development of the network+ecosystem

0

08.07.2022

Natanael Автор вопроса

Justin
👋 That is correct, all fees are burned as you can ...

Will the Avax rewards end at some point in the future? (Since Avalanche has a fixed max supply)

0

08.07.2022

Justin

No, staking will never stop. Avalanche is a proof of stake network and each subnet is required to have at least 1 node that validates the primary network. I would assume when the time comes that governance will apply measures to continue incentivisation (other than the subnet’s incentives to validators) if it is neccesary. The max supply of AVAX will never increase and it will take decades to distribute all staking rewards.

0

08.07.2022

Justin

Justin
No, staking will never stop. Avalanche is a proof ...

This twitter thread goes in depth about AVAX economics with comparisons to others https://twitter.com/CryptoSeq/status/1386267683272921089?s=20&t=le2qshpV7ugMy4zlKfaMSg

0

08.07.2022

Natanael Автор вопроса

Justin
This twitter thread goes in depth about AVAX econo...

Nice, I'll take a look. Thank you again for the answers

0

08.07.2022

Nicolas ∀ · Accepted Answer

Nicolas ∀

I don't have insights on how exactly it works so can't really answer that sorry. Quite sure that there is enough skin in the game for Ava Labs to do what's best for Avalanche and to manage financial resources in an appropriate manner

0

08.07.2022

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Hi guys, one question about decentralization: will Avalabs be the

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