Avalanche (AVAX) has been leading a couple of prominent DeFi projects including Platypus. Platypus is a DeFi project built on the AVAX ecosystem that won the prestigious Avalanche X Grant. This DeFi protocol aims to provide a user-friendly and scalable stableSwap platform. More so, its dream is to create an Automated Market Maker (AMM) right on top of Avalanche that boasts of open liquidity and maximized efficiency in terms of capital. Additional assets can be integrated into the liquidity pool that can greatly enhance simplicity, ease of use, and flexibility. Related Reading: Helium (HNT) Deflates 15% After Proposed Transition To Solana Platypus will be incorporating its first batch of voting gauges which will enable owners of vePTP tokens to get more rewards plus decide or vote on the placement of emissions. Voting power is regarded as extremely valuable in the DeFi space as it pumps up both liquidity and TVL. It’s interesting to note that the voting design of Platypus provides emissions without any presence of pause sliced in between votes. AVAX Posts ATH With 2 Million Transactions Notably, Avalanche was able to gross as much as 2 million transactions over the weekend which is now the most recent ATH for the crypto, boasting a spike that is astoundingly 4x more as seen in well over two months. More so, crypto analysts are in unison that AVAX will soar to new heights in the coming days. Evidently, Luigi DeMeo, Ava Labs head...
