The Role of avUSD
Avant introduces avUSD, a stable value token that is minted when users deposit USDC or USDT into the platform. Unlike traditional stablecoins, avUSD is a stable-value token that can be thought of as a receipt token for the USDC and USDT deposits on Avant. The underlying assets are deployed by trusted partners in advanced, market-neutral DeFi, on-chain strategies that have historically yielded returns in all market conditions.
Such yields are derived from a series of market-neutral strategies, specifically curated to ensure stability, scalability and growth. Avant has initiated partnerships with premier financial entities, starting with 0xPartners, to manage these sophisticated market-neutral strategies effectively.
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