Avalanche is going through its largest upgrade since the mainnet launch, unlocking more than $40 million in retroactive rewards.
The Avalanche network is going through its largest upgrade since the platform’s mainnet launch, with over $40 million in rewards set to be unlocked to its community.
According to a Nov. 25 announcement, Avalanche9000 is now live on the Fuji testnet, with its mainnet launch expected in the coming months. The upgrade will reduce deployment costs by 99.9%, allow interchain communication and unlock over $40 million in retroactive rewards to developers.
The upgrade is based on technical improvements from the Etna Upgrade and community proposals ACP-77 and ACP-125. Among the key changes is the rebranding of Avalanche’s subnets, now called layer-1s.
