AVAX is the native token of the Avalanche® platform. AVAX serves as the base unit of account on the Avalanche network, provides the base security guarantees, pays for operations, and provides a wide suite of utility services.
AVAX is also required for every node that is created. A minimum of 2000 AVAX is needed per node.
For any additional questions, please visit our knowledge base or contact a support team member via the chat button at support.avax.network.