AVAX ecosystem receives $10M in funding from Colony Lab
On November 21st, according to CoinDesk, Avalanche ecosystem developer and accelerator Colony Lab announced that they will invest $10 million to support the long-term development of the network.
The company stated that they have purchased over 500,000 AVAX tokens worth $8 million in the past few months, and these funds will be used to establish a validator program that benefits AVAX holders.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto Loan Carnival round 26: Borrow USDT, USDC to enjoy an APR discount of up to 40%
Crypto Loan Carnival round 26: Borrow USDT, USDC to enjoy an APR discount of up to 40%
Announcement on the increase of borrowing limit coefficients for Bitget spot margin VIP levels
Bitget x DGRAM Carnival: Grab a share of 49,500,000 DGRAM
Trending news
MoreCrypto prices
More
