# Avalanche

Avalanche is designed high-performance, low-cost financial applications. Users can easily establish custom token and digital asset ecosystems, enabling secure and cost-effective transactions. The platform's objective is to provide an open, powerful, and secure foundation for financial applications. Notably, fees on Avalanche are burned instead of directed to validators, enhancing the scarcity of AVAX. This scarcity is balanced by a minting process, ensuring the network's longevity.

You can find the link to the block explorer below:

{% embed url="<https://subnets.avax.network/>" %}

* [Staking Guide](#staking-guide)
* [Validator Address](#validator-address)
* [Performance](#performance)
* [Staking Mechanics](#staking-mechanics)

### Staking Guide

{% embed url="<https://www.luganodes.com/blog/AVAXSG/>" %}

### Validator Address

{% tabs %}
{% tab title="Mainnet" %}

<table><thead><tr><th width="154">Type</th><th>Address</th></tr></thead><tbody><tr><td>Node ID</td><td>NodeID-C6zVv1ab5JKn2j8DDCGWGai9jgWhmpLVA</td></tr><tr><td>Beneficiary</td><td>P-avax1gjallayagh29gpmscal0t57ggw62pappvvqhv6</td></tr></tbody></table>
{% endtab %}
{% endtabs %}

### Performance

Luganodes validator performance can be tracked [here](https://subnets.avax.network/validators/NodeID-C6zVv1ab5JKn2j8DDCGWGai9jgWhmpLVA).

### Staking Mechanics

<table><thead><tr><th width="227">Metrics</th><th>Details</th><th data-hidden>Details</th><th data-hidden></th></tr></thead><tbody><tr><td>Reward Frequency</td><td>Rewards are distributed all at once at the end of the staking duration (2 weeks to 1 year)</td><td></td><td></td></tr><tr><td>Auto-compounding</td><td>No</td><td></td><td></td></tr><tr><td>Penalty</td><td>No</td><td></td><td></td></tr><tr><td>Slashing</td><td>No</td><td></td><td></td></tr><tr><td>Stake Lockup</td><td>None</td><td></td><td></td></tr><tr><td>Unbonding Period</td><td>None</td><td></td><td></td></tr></tbody></table>