AVALANCHE of Transactions in Sight
Indeed, the maximum quantity of AVAX in circulation is algorithmically set at 720 million tokens, but more remarkably, the network predicts that every AVAX used in transaction fees will be burned, increasing scarcity and therefore mechanically the token price. Support for the project is palpable, to the point that AVAX claims one of the lowest rates of token subscriptions from private investors because more than 70% of subscriptions came from committed individuals and stakeholders in the Avalanche ecosystem.
You do not have to be a member of the early Avalanche community or a miner to be able to receive AVAX. The principle is simple: by agreeing to provide your money or your cryptocurrency as collateral for 14 days on Avalanche, a proof-of-stake-based network.