This paper discusses the key implementation details, in particular the
token economics (tokenomics), of the native token of the Avalanche platform, called 5
$AVAX. The native token secures the network, pays for fees, and provides the basic
unit of account between the multiple blockchains deployed on the larger Avalanche
network. For additional details on Avalanche, which serves as a versatile and universal platform, allowing anyone to launch new blockchains with their own rules,
virtual machine
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