Avalanche subnets can now let validators stake using the subnet's token

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Avalanche subnets can now let validators stake using the subnet's token
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Avalanche’s Banff upgrade has given subnet creators more customization and control over their own ecosystems.

It allows subnets to let their validators stake and earn rewards in the subnet’s native token.

The key difference following Banff is that if subnet validators — for participating subnets — choose to stake the subnet's native tokens, they will be able to earn rewards in the tokens. Validators will still need to stake AVAX tokens too, which will be required for theThis change won’t immediately apply to all subnets.

The upgrade also gives subnet creators the ability to remove validators from a subnet before their staking period ends.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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