Deep Insights 02: Why Avalanche & What can HurricaneSwap bring to Avalanche?

Avalanche, designed for DeFi, is one of the leading L1s. And it is powerful enough to provide us with the best development space at the moment.

Avalanche is more advanced than Ethereum, while trading under significantly faster speed, higher security, much lower gas fee and more friendly interoperability, getting rid of the limitations of Ethereum insufficient throughput and expensive gas fees, bringing revolution to both CEX and DEX.

Professor Emin Gün Sire, the leader of Avalanche, is a senior researcher on distributed networks who has practiced the PoW consensus mechanism before Satoshi Nakamoto published the Bitcoin white paper. Compared with other public chains, Avalanche’s design vision is much purer. As Professor Gün said, Avalanche was born to realize the digitization of all assets. This vision makes the payment, settlement, transaction and other financial activities on Avalanche better and more scalable. It also attracts many DeFi projects to join, and gradually forms a strong community for exploring DeFi. The entire Avalanche ecosystem was formed for the development of DeFi.

Transactions on Avalanche are very active. There are currently more than 680,000 contract addresses with a total daily transaction volume of more than 50 million U.S. dollars, which provides good user support for the development of DeFi.

However, judging from the data of the X chain and the C chain, the number of users participating in the Avalanche ecosystem is far fewer than the holders and traders of $AVAX. A large number of users have recognized the value of Avalanche, but they don’t involve the Avalanche ecology in more depth.

HurricaneSwap hopes to attract more $AVAX holders and traders to participate and create more value in the Avalanche ecosystem by providing more diverse cross-chain assets. HurricaneSwap will actively cooperate with exchanges and wallet service providers, starting with DEX, and HurricaneSwap will follow up with loans, insurance, asset management and cross-chain IDO to accelerate the DeFi ecosystem on Avalanche, attract more capital inflows, and build a more prosperous DeFi ecosystem for Avalanche.

Not only HurricaneSwap chose Avalanche, but Avalanche also needs innovative DeFi tools like ours to bring more vitality to the ecosystem. Fortunately, HurricaneSwap has received support from the Avalanche Foundation. And we will be rooted in the Avalanche ecosystem and grow together with Avalanche.

About HurricaneSwap

HurricaneSwap is the first decentralized cross-chain swap built on the Avalanche. With the innovative LP-bridge mechanism (Roke Protocol), HurricaneSwap provides users with a high-performance and low-fees, as well as unparalleled, seamless cross-chain trading experience.

Twitter: https://twitter.com/HurricaneSwap

Telegram: https://t.me/HurricaneSwap

Medium: https://hurricaneswap.medium.com/

Email: coreteam@hurricaneswap.com