21 Nov 202314:42
Project update
![Avalanche Ecosystem to get $10M boost from Colony Lab](/_next/image?url=https%3A%2F%2Fcryptodiffer-image-bucket-production.s3.amazonaws.com%2F7693adad-8b8c-4507-9175-e8e73643f7c5%2Fimage.png&w=3840&q=100)
Avalanche Ecosystem to get $10M boost from Colony Lab
Colony Lab, an Avalanche ecosystem developer and accelerator, will set up a network validator and invest in an index that tracks prominent Avalanche projects. The Colony Lab has bought more than 500,000 AVAX tokens, worth $8M in the past few months. The funds will be used to set up a validators program that benefits AVAX holders.
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