Core Tokens
avUSD
Avant’s flagship stable value token, minted when users deposit USDC. avUSD can be redeemed for USDC, but receives no yield.
Avalanche Token Address: 0x24dE8771bC5DdB3362Db529Fc3358F2df3A0E346
savUSD (Staked avUSD)
Users that stake their avUSD receive yield that is generated from market-neutral strategies put on by Avant’s trading partners. savUSD is a ERC-4626 tokenized vault that accrues avUSD over time. To convert savUSD back to avUSD, users can unstake their savUSD, but this takes one week, during which no additional yield is earned.
Avalanche Token Address: 0x06d47F3fb376649c3A9Dafe069B3D6E35572219E
avBTC
Avant’s bitcoin-pegged token, minted when users deposit BTC.b. avBTC can be redeemed for BTC.b, but receives no yield.
Avalanche Token Address: 0xfd2c2A98009d0cBed715882036e43d26C4289053
savBTC (Staked avBTC)
Users that stake their avBTC receive yield that is generated from market-neutral strategies put on by Avant’s trading partners. savBTC is a ERC-4626 tokenized vault that accrues avBTC over time. To convert savBTC back to avBTC, users can unstake their savBTC, but this takes one week, during which no additional yield is earned.
Avalanche Token Address: 0x649342c6bff544d82DF1B2bA3C93e0C22cDeBa84
AVANT
Avant will be the governance token of Avant.
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