Avalanche (AVAX) DAO distributes $1.15M in grants in past—But a 3-cent lender is gaining bigger traction

Avalanche (AVAX) has recently announced the distribution of over $1.15 million in ecosystem grants through its DAO, supporting various DeFi and NFT initiatives across its network. The goal of these grants is to encourage innovation, strengthen infrastructure, and reward developers pushing the boundaries of blockchain utility. By funding these early-stage ideas, Avalanche (AVAX) hopes to expand its protocol’s reach and remain a relevant platform for new projects.

But while Avalanche