Using Avant Protocol
This section provides step-by-step guides for the entire lifecycle of using Avant Protocol. You will find instructions on how to mint avAssets (base tokens such as avUSD), stake them to receive savAssets (staked tokens such as savUSD), and boost your returns with avAssetX (boosted tokens such as avUSDx). These guides are applicable across all of the protocol's supported asset families.
Before you begin, please review the prerequisites below to ensure you have everything you need for a smooth experience.
Prerequisites
To interact with the Avant Protocol, you'll need a few things set up first. This is standard for most decentralized applications.
Get a Web3 Wallet
A wallet acts as your passport to the decentralized web. It holds your assets and allows you to interact with applications like Avant.
Recommended Wallets: MetaMask (most popular), Rabby Wallet (good user experience).
Action: Install your chosen wallet as a browser extension or mobile app and follow its instructions to create your wallet. Remember to store your seed phrase securely offline and never share it with anyone.
Security Note: For enhanced protection, especially if you plan to hold significant value, consider using a hardware wallet. Hardware wallets store your private keys offline, reducing exposure to phishing attacks, malware, and other online threats.
Fund Your Wallet with Native Currency
All transactions on any decentralized network require a small fee, known as a gas fee, which is paid in the network's native currency (e.g., ETH on Ethereum, AVAX on Avalanche).
Action: Purchase a small amount of the native currency for your chosen network from a centralized exchange (e.g., Coinbase, Binance) and withdraw it to your wallet address on the correct chain. A small amount is typically sufficient for many transactions.
Choose a Product and Funding Asset
Choose the product you want to use. Each product has a direct native-chain path and may also have in-app Swap liquidity on any supported chain, including its native chain.
For avUSD
Direct path (native): Use USDC on Avalanche.
Unified in-app path (supported chains): Start from supported tokens and use available buy/swap liquidity to route into avUSD.
For avBTC
Direct path (native): Use BTC.b on Avalanche.
Unified in-app path (supported chains): Start from supported tokens and use available buy/swap liquidity to route into avBTC.
For avETH
Direct path (native): Use ETH or WETH on Ethereum.
Unified in-app path (supported chains): Start from supported tokens and use available buy/swap liquidity to route into avETH.
For avkBTC
Direct path (native): Use kBTC on INK
Open a Product Page
From the Products page, open the product you want to use. Each product page makes its available actions visible in one place:
Mint or Redeem for direct protocol entry and exit.
Swap to buy or sell through available in-app liquidity.
Earn to use the Senior or Junior Tranche.
On a token's native chain, use Mint or Redeem to mint directly with the required underlying asset. Swap is available on supported chains, including the native chain, wherever liquidity is available to buy or sell the product token in-app. Use Earn to stake or boost the product token. The interface shows the available route, output, and destination options in the selected flow. Check the Core Tokens page for native-chain references.
Once you have completed these steps, you are ready to use the Avant Protocol!
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