BENQI – Money market project where people can liquidate their

wealth, convert them to tokens, lend, borrow, and earn interest rates.

Penguin Finance – NFT platform

Snowball: DeFi protocol that gives the users rewards upon

participation and helps in re-investing those rewards.

8.8 Summary

In this chapter, we covered the following topics:

Unique consensus model of Avalanche that leads to the fastest

scalability among all Blockchain networks.

Live projects on Avalanche.

References

Scalable and Probabilistic Leaderless BFT Consensus through

Metastability

(Avalanche

Whitepaper)

-

https://assets-

global.website-

files.com/5d80307810123f5ffbb34d6e/6009805681b416f34dcae

012_Avalanche%20Consensus%20Whitepaper.pdf