Introducing $AVNT
The ticker for The Universal Leverage Layer.
Airdrop Incoming
About Avantis
Avantis is a fully on-chain, high-performance exchange offering cross-asset leverage on crypto, forex, metals, equities and other real-world assets.
With over 15B+ in cumulative trading volume, 65k+ users, and backing from Pantera Capital, Founders Fund, and Coinbase, Avantis is building The Universal Leverage Layer — for everything.
Token Overview
Core Utility
$AVNT is Avantis’ utility token. Stakers secure liquidity providers during volatility, and earn AVNT rewards, XP boosts, and trading-fee discounts.
Governance
All token holders can vote on key changes to the protocol, expansion to new chains, enhancements to the leverage trading AMM (fees, new asset additions), development of new product lines (e.g. a native money market), etc. Governance will be live soon.
Community Rewards
A portion of $AVNT will be set aside for our community of active traders, referrers, LPs, builders and influencers.
A majority (50%+) of all $AVNT tokens is reserved for our community.
Token Allocation & Unlock Schedule
Fully unlocked at TGE
Reserved for all protocol activity from February 2024 across S1 and S2, as well as community contributors. The entire airdrop will be claimable on day 1 of TGE. Note: We’ll be releasing a much more detailed article on airdrop eligibility criteria and exact allocations, snapshot date and TGE staking boosts next week.
FAQ
$AVNT is the utility and governance token of Avantis. It exists to give the community ownership and decision-making power, and to incentivize participation across the ecosystem.