/biz/ - Business & Finance

Well, Avalanche has been around for a shorter period of time, and have smart contracts ready. A uniswap style Dex has launched on avalanche, called Pangolin. bZx (margin trading/borrowing/lending), Prosper (prediction markets), yield (yield farming) and union finance are soon to follow, as will many other ethereum projects within the next few weeks. Avalanche is superior in terms of ease of development, because it is EVM compatible and moving a project from ethereum to avalanche is trivial.

This compares favourably to Cardano and Polkadot, which do not have any working dApps (and Cardano doesn't even have smart contracts)

Avalanche is capable of 5000 TPS per subnet with a very low hardware requirement for nodes. This is far superior to Polkadot's 1000 TPS, and Avalanche is trivially capable of massively increasing that by increasing HW requirements of nodes.

Avalanche is more decentralized than Polkadot, with 1000 block producing nodes vs 100 for polkadot.

Ok, so Avalanche is broadly superior to Polkadot and Cardano, how does its market cap compare?

Avalanche: $4b
Polkadot: $22b
Cardano: $27b

In conclusion, Avalanche is currently 5-10x undervalued.

>>28315575
i agree it has a lot of room to grow. even yesterday's pump was without the help of americans. imagine if it was easily accessible to burgers

It will melt faces.

>>28315575
AVAX is way better than DOT or ADA so 4-5x undervalued is not necessarily true, could just as well be argued that those two are 4-5x overvalued

>>28315825
Oh we're out there. About to dab on our fellow patriots once it comes to coinbase

>>28315543
Go to pangolin telegram before investing in this bullshit chain
this shit is nonfunctional on launch and is already fucking bricked
swaps have stopped, every tx gets a gas failure, code is complete fucking spaghetti

I was willing to give this thing a shot but the UX is FUCKING GARBAGE

I dont like how hard this thread is trying to sell me, feels like snakeoil

>>28316076
UX can be fixed easily and will be shortly. The key thing is the blockchain itself. Don't miss the forest for the trees.

>>28316363
I'd agree if I was an avax bagholder, but I'm not. I'm just an ETH users that was looking for a better experience. This aint it chief. If a pro user like me has to spend 12 hours doing a simple swap, you're not going to onboard casuals that aren't bagholdes themselves.

I am insanely frustrated right now. This shit is completely unsuable.

>>28316642
Just wait a couple days for the UX to be fixed. It's not like its a fundamental problem with the scalability of the blockchain.

To the American anon from an earlier Avalanche thread who was trying to claim his PNG but didn't have any AVAX: I've sent 0.1 AVAX to your address :)

>>28315543
Based and heuristic pilled

>>28318129
pANGO ID

>>28318129
comfy fren <3

>>28318129
Where do you go to claim the airdrop?

>>28320424
I only see the airdrop if I held UNI or SUSHI not AVAX

I GOT SIX JOBS I DONT GET TIRED

>>28316025
>>28316025
how do you know it will get on cb?

guys, whats the fees like swapping on pangolin?

I'll bite. Just picked up 500 AVAX. You better not be lying

Based 300 IQ effort poster.

>>28315575
>>28315543
just a straight comparison of mcap is also inaccurate given lockups for steaking and the burning of fees (tho as far as i can tell fee burning shouldn't account for that much). 70% of the supply is steaking and you can lock it for a year. lol.

If you’ve read OP and
>>28323439
And you’re still not convinced, look through the schizo thread:
>>/biz/thread/S26962949

>>28315543
I hope this roach will dump so hard in the bear run, I have only 25 of this, I can't miss another good train like this but I think I have to accept the idea of still poor.

Am I the only one thingking this last pump was completely artificial? And that it was done to make people FOMO into it? And that March is going to hurt a lot of folks?

>>28324100
yes

>>28324100
I may be a newfag, but I think:
>Ethereum gas fees hit ATH astronomical record
>people get sick of it and are more motivated to look for better alternatives.
>yesterday was released the DEX Pangolin
>Today AVAX was listed on BitPanda

looks more like an organic pump, or am I wrong?

>>28324100

yeah no shit. people who got in a $5 should take 10x profits

>>28325194
>number of wallets grown by >40% in last 36h
looks organic to me

WHEN THE FUCK IS BINANCE GONNA OPEN UP DEPOSISTS!!!

>>28325194
I am sick of ETH gas fees
but after a day of using AVAX I would happily pay them not deal with this spaghetti code shit ever again
seriously the worst exerience of my life and I am still FUMING
pangolin has had more downtime in a day than uni has had in two years

>>28325998
why does it look suspicious?

>>28320925
Based

The secret /biz/ server is:
https://discord
.com/invite/YhWdbeRY
It has to stay secret or (((discord))) will shut it down.
As far as (((discord))) knows it's the official server for BUNKERCHAN LEFTYPOL!!@

>>28324100
just sell before the rollout in march and you'll be fine

>>28315543
AVAX near $60 now.
It's the hivemind knowing what its worth is.
Minimum $1K EOY

>>28316642
It's true. The roll out is shit. It's also super frustrating for most people. But I trust the team to get all that fixed in due time. Anyway, if your just trying out the network come back in like a week. It should be much better by then. You can also reach out to their dev discord if your looking for help from devs.

>>28315825
i would unironically buy some at these current prices if those RETARDED NIGGER CHINK FAGGOT KIKES at JEWNANCE.US would fucking APPROVE MY GOD DAMN IDENTIFICATION

>>28326168
Fuck I feel like a paid shill but I'm just an early ico bagholder that somehow feels responsible for people's negative experiences with the platform. What specifically did you have an issue with? Was it the ethereum bridge or pangolin itself?