The benchmark index for investors looking to gain exposure to the Avalanche ecosystem is called CAI, or Colony Avalanche Index. The most well-known initiatives in the ecosystem, such JOE, and the native coin AVAX, will be included.
What Is Trader Joe?
Trader Joe is a one-stop-shop decentralized trading platform native to the Avalanche blockchain, pushing innovation to offer a truly unique trading experience that is seamless and accessible, whether you are new or well versed in the permissionless world of DeFi.
This multi-functional trading platform also has services related to lending and borrowing, liquidity pools, leverage trading, yield farming, NFTs, and staking, as well as a launchpad.
Colony is a community-driven accelerator, evolving into an inclusive DAO, to boost Avalanche’s ecosystem growth. Powered by a governance token: $CLY.
Colony deploys capital within Avalanche on early stages projects, provides liquidity to DeFi protocols, validates networks through stacking capabilities, and will maintain an Index on top Avalanche projects. The true sustenance and value generated by Colony’s investments are routed back to the community through airdrops, a buyback mechanism, and staking rewards.
All information in the article is for reference only, this is not investment advice. Hopefully, the information that Avaxholic has gathered in the article will be useful to you.
Join the Avaxholic chat group now to discuss the hot issues of the DeFi market with the Avaxholic admin team!!!