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Avant

Avant  

19 Watchlists

DeFi

General Info

Funds and Backers

Description

Avant is a stablecoin protocol built on the Avalanche network.

What is Avant?

Avant is a CDP protocol built on the Avalanche network. The platform's core feature is avUSD, a stable value token that users can mint by depositing USDC or USDT. This token represents the underlying assets, which are deployed in advanced market-neutral strategies managed by trusted partners, primarily 0xPartners. These strategies aim to generate high and stable yields by leveraging techniques such as arbitrage, hedging, and the cash and carry trade.

Avant's focus on market-neutral strategies ensures that it can deliver consistent returns regardless of broader market conditions. The platform also implements a performance-based fee structure, where fees are only collected on successful strategies, aligning Avant's incentives with those of its users. Additionally, the platform charges redemption fees to manage liquidity and minimize volatility. Through these mechanisms, Avant seeks to provide a robust and transparent financial ecosystem that supports sustainable growth and stability in the DeFi space.

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