Avalanche is a Brooklyn-based smart contracts platform in the blockchain industry.
AVAX launched with a supply cap of 720M tokens, of which 360M were issued with a zero block. The rest is released gradually along with new blocks. During the first year, the AVAX emission level is 7-12%. The limit on the number of tokens is limited at the protocol level, however, validators can vote to change the rate of their release in accordance with current economic realities.