On Thursday, the Avalanche Foundation announced via X that it is offering up to $15M in funding through the infraBUIDL(AI) Program to accelerate AI-driven projects. This program benefits developers by enhancing liquidity efficiency, reducing impermanent loss, and providing more stable trading environments on Avalanche DEXs.
Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is up 3.5% today and currently trades at $39.87 per coin.