How can AVAX holders participate in Avalanche’s ecosystem?

How can AVAX holders participate in Avalanche’s ecosystem?

Blog Article

AVAX holders can actively participate in the Avalanche ecosystem in several ways. They can stake their tokens to become validators, securing the network and earning rewards. Additionally, AVAX is used for transaction fees on the Avalanche network, ensuring seamless transactions for copyright, NFTs, and other decentralized services. AVAX holders can also contribute to governance by voting on proposals that shape the network's future. As the ecosystem grows, the use cases for AVAX are expected to expand, potentially driving demand. To gauge this growth, checking the AVAX price is key.