Using the Avant Protocol

This section provides step-by-step instructions for every action you can take on our platform, from minting your first token (i.e., avUSD) to boosting your yield on various asset families (i.e., avUSDx), including our stable-value and Bitcoin-pegged tokens.

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.

1

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), Core (built by Ava Labs), 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.

2

Connect Your Wallet to Avant

To interact with the Avant, you need to connect your wallet.

Action: Click Connect Wallet on the Avant Platform and choose your preferred wallet.

3

Check for the Avalanche Network

By default, your wallet might be set to the Ethereum network. Most modern wallets will prompt you to automatically add and switch to Avalanche when you first connect to the Avant app. If not, you can use a tool like Chainlist to add it easily by searching for Avalanche and clicking Add to Wallet.

4

Fund Your Wallet with AVAX

All transactions on the Avalanche network require a small fee, known as a gas fee, which is paid in AVAX.

Action: If your wallet doesn’t have any AVAX yet, purchase AVAX from a centralized exchange (like Coinbase, Binance, Kraken, etc.) and withdraw it to your wallet address on the Avalanche C-Chain. A small amount (e.g., 0.5 AVAX) is typically enough for many transactions.

5

Get Assets to Deposit:

You'll need the underlying assets to mint Avant's tokens.

  • For avUSD: You need USDC on the Avalanche network.

  • For avBTC: You need BTC.b on the Avalanche network.

  • Action: You can get these tokens by swapping for them on a decentralized exchange (DEX) like LFJ or Pharaoh.

Once you have completed these steps, you are ready to use the Avant Protocol!

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