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Avault (AVAT)

Last updated: Jan 27, 2023

Avault is a one-stop omnichain yield platform that aims to lower the threshold for users to use Web 3.0 DeFi Dapps. Users who hold one asset on one chain will be able to interact with Dapps on other chains in one click to complete cross-chain compounding, staking, lending, and public sale.

Pre-Seed Round: $10M

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Overview

Project industry	Other
Product type	Platform
Whitepaper	Open

What is Avault

The biggest difference between Avault and other vault is we will provide an interest-bearing asset token(aLP) to the users who deposited their LP on our platform.

We believe that aLP can become an essential part of Astar Defi ecosystem. The aLP can unlock the value of staked funds in the liquidity pools.

Many other defi projects can do lots of things by using this aLP. At the same time, users can stake this aLP to farm AVAT token for higher return. So Avault is not only a simple yield aggregator, we are trying to rich the Astar ecosystem in the future. Every Astar user can benefit by this mechanism.

Simplify steps for cross-chain and interacting with different chain's dapp
No need to switch network
All steps completed on one page
No need to prepare target chain's gas fee
Unlock the value of staked funds in the liquidity pools by provided interest-bearing asset token to users

Details

Pre-sale token supply: 100,000,000 AVAT
Token supply: 500,000,000 AVAT
Total tokens for sale: 110,000,000 AVAT
Raised: 10,000,000 USD

Legal

Blockchain Platform: Astar Network
Registration year: 2022

Token info

Ticker: AVAT
Type: Utility-token
Token distribution:
20% - Investor
13% - Team
2% - Public Sale
5% - Community Growth
5% - Foundation
55% - Vault Incentive