Halal crypto ratings

Avalanche (AVAX)

Network Purpose

Avalanche supports smart contracts to run decentralised applications (dApps) on its network, with scalability, security and decentralisation at its core.

Token Use Cases

1. Payment
2. Staking
3. New assets development
4. Governance

Protocol & ConsensusMechanism

Proof-of-Stake

Tokenomics

AVAX has a maximum supply of 720 million token

Shariah Compliance

Compliant

Shariah PowerRating

5/10