Conversation

3/ But the future is even brighter for avalanche. Every bull market we are reminded of a need for a horizontally scaled future, as blockspace gets clogged and monolithic chains struggle. Web3 will run on multiple chains, and many of those chains will be Avalanche subnets.
8
715
5/ First, the $AVAX acquired by will be used to provision a large reserve against $UST using the automated mint mechanism identical to one designed for $BTC. = $UST will be able to be minted and redeemed against $AVAX, on Avalanche. $UST becomes Avax native
17
851
6/ This means that as $UST adoption grows on Avalanche, $AVAX becomes more scarce - aligning the growth of the stablecoin with the L1's developers and users.
17
703