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Author: Admin | 2025-04-27
Titled “Avalanche Rush,” the program will bring blue-chip DeFi applications to Avalanche, starting with two popular protocols, Aave and Curve.The Avalanche Foundation has announced Avalanche Rush, a $180M liquidity mining incentive program to introduce more applications and assets to its growing DeFi ecosystem. Avalanche Rush will bring Aave and Curve, two of the largest DeFi protocols by total value locked (TVL), to launch on Avalanche. Phase 1 of the Rush program will launch soon and provide the Avalanche native token, AVAX, as liquidity mining incentives for Aave and Curve users over a 3 month period. The Avalanche Foundation has allocated up to $20M AVAX for Aave users and $7M AVAX for Curve users, with additional allocations planned for Phase 2 in the coming months.The Avalanche Rush incentive program cements the Avalanche Foundation’s commitment to scale DeFi and create a more accessible, decentralized, and cost-effective ecosystem. The Avalanche Foundation recently launched a $3M liquidity mining initiative with BENQi, a liquidity protocol native to Avalanche. Stake DAO recently partnered with Avalanche for a staking collaboration and plans to build innovative yield generating strategies leveraging the upcoming deployments of Aave and Curve on the platform. Avalanche Rush follows the launch of the Avalanche Bridge (AB), a next-generation cross-chain bridging technology that transfers assets between blockchains. The combination of Avalanche Rush and the new bridge provides strong liquidity incentives and a seamless user experience for established and emerging DeFi applications to join the Avalanche ecosystem.“Avalanche consensus is well suited for building DeFi applications due
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