The Avalanche Foundation is a major contributor to DeltaPrime through the Avalanche-X initiative. Given the expected growth of the company and web3 as a whole, the partnership with Avalanche should be reliable regardless of the chain’s user count.
On the other hand, Ava Labs, the company behind Avalanche, was approached with the idea of DeltaPrime and Prime Account, and Ava Labs has announced that it will support the initiative. This support, on the other hand, manifested itself in various ways.
Through the Avalanche-X initiative, the Avalanche Foundation contributes a large amount to DeltaPrime. With Avalanche’s support in laying this solid foundation, it was able to carry out long-term planning and construction. The consequences are that safety takes precedence over speed and reliability over exaggeration.
There are several difficulties in developing a plan that improves the existing DeFi lending mechanism. However, the Ava Labs team has been tremendously supportive of getting DeltaPrime to where it is today.
Avalanche is quite affordable, ecological, and fast. Using Avalanche’s blockchain, any smart contract-enabled application can outperform its competitors.
It is working to maximize the potential of DeFi. To achieve this, it offers secured unsecured loans and redistributes assets as efficiently as possible. Investors of the platform are confident that their most important investments will be traded quickly and reliably since it is built on the robust Avalanche network.