Home
News Detail

Avalanche aims to reshape token value using AVAX reserves

Source: CoinWorld
Avalanche plans to set up two AVAX reserve entities to manage its native token supply and stabilize its price with the goal of raising up to $1 billion. These entities will conduct repos and liquidity management, following the strategies of Ethereum and Solana. The program is part of Avalanche’s broader effort to enhance market resilience, supported by its growing DeFi ecosystem, with a total lockdown value of over $3 billion. The funds are expected to come from institutional investors for the purchase of open market AVAX. Success depends on implementation speed, transparency and market conditions.
Link copied to clipboard