/biz/ - Business & Finance

The Third Breakthrough in Consensus Protocols was achieved and freed us from the constraints of the Blockchain Trilemma, we have decentralization, we have sub second finality, we have high tps ALL AT ONCE.
The Dream is finally reality and in the coming days Ava Labs will release the new "Apricot" Upgrade for AVAX which will finally activate the EVM, the Ethereum/AVAX Bridge and the first decentralized DEX ala Uniswap but with sub second transaction finality, low fees, no frontrunning and all of this secured by decentralization that was thought to be impossible.
the implication here is that this is the first time a DEX will achieve performance that can rival centralized exchanges like Binance and Coinbase, their Business model is about to die!
do you understand what they did with UNI, SUSHI, CRV, YFI ?
They accumulated them hard to try and gain as much marketshare of the DeFi governance tokens as possible and they werent even a threat on the same level as Avalanche...
They will repeat the same with AVAX and the DeFi Governance tokens on top of it.

this is just the DEX usecase, other DeFi is also jumping ship and coming to AVAX with Apricot.
like for example BZRX (check the chart, zoom out, buy a bag now and thank me later).
more DeFi will follow once the first movers are proven successful.
also Chainlink is very hard working on integrating ALL Chainlink components into Avalanche and Chainlink will gain another huge advantage here and also boost AVAX.
Buy LINK, buy AVAX and watch out for Coins that come to AVAX or ones that copy the laggards on ETH who still dont know any of this.