Leading digital asset prime brokerage FalconX helps institutional investors navigate the digital asset market, providing deep liquidity and advanced technology solutions like secure custodial wallets for investors. After recently adding custodial support for Avail’s native asset AVAIL, FalconX is now offering support for staking on the Avail network for qualified customers.
Staking on Avail enables users to earn staking rewards while contributing to the security of Avail’s modular blockchain infrastructure. This includes Avail DA, the highly optimized data availability solution that will power networks like Lens and Sophon. By staking, investors contribute to the underlying crypto-economic security of the Avail network which is inherited by all teams building on Avail. Avail avoids validator centralization by ensuring that stake is evenly distributed among validators, increasing the network’s decentralization for both users and application developers.
Avail, led by former Polygon co-founder Anurag Arjun and research lead Prabal Banerjee is focused on improving the development experience for blockchain app developers by addressing core pain points. By solving recurring challenges such as having enough crypto-economic security, network decentralization, facilitating cross-chain transactions, and accessing cost-effective scalability enables Avail to provide a fast and efficient way for apps to be deployed in the market. Much of the heavy lifting can be left to Avail while developers instead focus on building apps and shipping features for their users.
With institutional support through FalconX, Avail can continue offering robust crypto-economic security, superior performance and a seamless user experience, helping to proliferate the use of blockchain technology all around the world.
Visit the FalconX website to learn more and follow Avail on X for more updates.