/biz/ - Business & Finance

>>53145896
Lets compare ETH staking to Avalanche staking:

>ETH staking withdrawals will not be available right away
Avalanche withdrawals are available since Mainnet launch YEARS ago
>The current plan is to deploy the withdrawal functionality in a software update 6 mo - 1 year after the Merge.
essential stuff like this was never missing on Avalanche, this means you have to stake ETH for up to a year, maybe even longer while on Avalanche you can Stake for 2 weeks minimum or 1 year maximum or anything in between.
>The current projected income rate (for ETH) is around ~4% APY
Running an Avalanche Node has a proven 9% - 12% APY (paid in AVAX) since Mainnet Launch 2 years ago.
If you run a Node you get Staking rewards, % of your delegators rewards and Tokens from validating several Subnets. (The Golden Subnet Bullrun has not started yet).
>Also the withdrawal system will be implemented as a queue to limit the amount of ETH that can be withdrawn per day,
there is no queue on Avalanche, its instant, sub second, its finalized faster than you can press F5. thats all transactions or smart contract interactions on Avalanche, even when you go crosschain between X Chain and P chain and C chain and other Subnets its instant. Sub Second finality.
>Transactions take 14+ Minutes until they are finalized
I repeat: on Avalanche transactions are almost instant.
>Ethereum has Slashing which means you can lose your stake due to a Hardware or Software bug
No such thing as Slashing on Avalanche.

this kills the mETHtard

>>30418455
just shitposting now FUCK THE JANNY

REEFchads, avalanche fag here.

What's the sui stack on this? Also is there any way to farm it?

>>28048580
research AVAX instead

>>27244585
>What's the catch?
there really isnt one
>>27244643
actually I am already and if I weren't married to my Chainlink bags I would have gotten a bigger AVAX bag.
>>27244600
sure why not? imo /biz/ bros should support the nodes of other /biz/ bros.
>>27244794
there is a guide here:
https://www.youtube.com/watch?v=jlur1nef4-E

shouldnt be too hard

>>26472773
staking and chilling my man. easy 3 year LTH.

>>26346471
There is literally an ETHEREUM BRIDGE called Athereum coming out on Avalanxhe allowing ETH apps to continue existing in that ecosystem but tie into the benefits Avalanche provides. It's literally one google away god damn.

we need to shill hard when bridge is out

lets talk about the Bigger Picture and the Future of Avalanche:

basically 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.

(copied from a previous thread thought it was interesting)