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:
