Cryptocurrency News

Avalanche Offers To Accept ApeCoin Migration From Ethereum

2022.05.25 13:51

Avalanche Offers To Accept ApeCoin Migration From Ethereum
Avalanche Offers To Accept ApeCoin Migration From Ethereum

  • Avalanche posted a pitch on the ApeCoin forums about “Otherside.”
  • Avalanche suggests launching “Otherside” on an Avalanche Subnet.
  • The pitch is in response to the recent problematic Otherdeed NFT minting on Ethereum.

On May 25, Avalanche posted a pitch on the ApeCoin forums about making “Otherside” into an Avalanche Subnet. At the time of writing, the topic has 2.7k views, 50 likes, and 26 votes. In the thread, users were divided between launching Otherside on an Avalanche Subnet or sticking with Ethereum. The topic will automatically close within seven days.

According to the forum post, Avalanche’s proposal is the following: “We propose that ApeCoin DAO launches Otherside on an Avalanche Subnet to support Otherside’s future community growth through rapid transaction processing, higher throughput, greater ability to scale and lower gas fees.”

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