Using the 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.
Check for the Correct Network
When you first connect to the Avant app, it will display the chain connected by the chain icon at the top right. If your wallet is connected to an unsupported chain, it will be indicated as "Wrong Network".
Action: Click the "Wrong Network" indicator to prompt your wallet to switch to a supported chain and update your network.
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.
Get Assets to Deposit:
You will need the required underlying assets on the correct network to mint Avant's tokens.
You must mint the corresponding Avant token on its designated native chain. Each Avant token may have a different native chain. Check the Core Tokens for the official list of native chains before initiating the minting process.
Once you have completed these steps, you are ready to use the Avant Protocol!
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