DYOR partners Ava Labs amid drastic Avalanche fee cuts

DYOR has announced a new listing partnership with Ava Labs, the firm responsible for the Avalanche blockchain and its associated AVAX coin.

The collaboration coincides with a substantial reduction in gas fees on Avalanche, with fees being reduced by 96%, a move expected to enhance blockchain accessibility and adoption.

Alongside the partnership with Ava Labs, DYOR has made significant developments within the company, including acquiring the domain DYOR.com and enlisting Matt Dyor as an advisor.

Matt Dyor, who has held key positions at major tech companies such as Google, Amazon, and Microsoft, expressed his enthusiasm about joining the platform. "What excites me the most is DYOR's focus on bringing new users into crypto," he stated. "The most exciting aspect is how DYOR addresses real-world financial needs - going beyond just buying and holding crypto. By enabling smart contracts, decentralised trust, and seamless, automated payments, DYOR is bridging the gap between Web3 and traditional finance in a truly impactful way."

Avery Bartlett, Head of Business Development at Ava Labs, shared similar sentiments about the new partnership with DYOR, saying, "Avalanche has some of the smartest devs building some of the most forward-thinking applications in crypto. What we've been needing more of is cutting-edge trader tooling for the on-chain degens that make this industry so exciting. DYOR is moving at the speed of light to deliver on some of the tooling this chain deserves. Excited for them."

The acquisition of DYOR.com is seen as a strategic move to enhance the platform's accessibility and presentation as a trusted resource for crypto research and education globally.

DYOR Labs aims to redefine the DeFi space with its platform, offering features such as real-time insights, advanced token data, and customisable workflows. These enhancements are designed to provide users with increased speed and cost-efficiency. Future developments include the launch of AI-powered insights, gamified user engagement, on-chain ad auctions, and integrated social feeds.

This partnership marks an important step for DYOR as it continues to build transparent and informed crypto trading environments. The added utility and accessibility are set to benefit both individual and institutional users.

DYOR is a research platform dedicated to helping users make informed decisions in the cryptocurrency market. By providing verified data, analytics, and user-friendly tools, DYOR simplifies blockchain research and empowers investors, traders, and enthusiasts. Ava Labs is the team behind Avalanche, an open-source platform for launching highly decentralised applications, new financial primitives, and interoperable blockchains. The network's speed, scalability, and eco-friendliness make it a preferred choice for Web3 developers.