Odaily News: The Avalanche Foundation is providing Dexalot with $3 million worth of AVAX tokens. Dexalot is a decentralized exchange (DEX) built on the Avalanche subnetwork. This initiative is part of the Avalanche Multiverse, an incentive fund that aims to drive growth in new subnetworks. A subnetwork is a sovereign network that defines its own membership and token economic rules.

Starting from autumn, the Multiverse funds from Avalanche will be released through the Dexalot incentive program over a period of 12 months. (CoinDesk)