Avant Protocol Docs
  • Overview
    • Avant Overview
    • Core Tokens
    • Using the Front-End
      • Minting avUSD/avBTC
      • Redeeming avUSD/avBTC
      • Staking avUSD/avBTC
      • Strategy APY and Daily APY
      • Un-staking savUSD/savBTC
  • Security
    • Audits
    • Fireblocks
    • Hypernative Monitoring
    • Reserve Fund
    • Contract Addresses
  • Revenue Streams & Fees
    • Revenue Source
    • Demand and Market Scalability
  • avUSD
    • The Role of avUSD and avBTC
    • Why Choose Avant?
  • Goal of Avant
    • Yield Generation
    • Attracting DAOs and Ecosystem Treasuries
  • 0xPartners
    • Introduction
    • New Strategies and Innovations
    • Performance Summary
    • Market-Neutral Strategy
  • DISCLAIMERS & OTHER
    • Marketing Assets
    • Risks
    • Risk Management
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  2. Using the Front-End

Minting avUSD/avBTC

Purpose: Convert USDC into avUSD, or BTC.b into avBTC to utilize within the Avant ecosystem. avUSD and avBTC do not earn yield, but are highly composable with participation in various DeFi activities.

Steps:

  1. Access the Mint Section: Navigate to the 'Mint' tab on the Avant interface.

  2. Enter Amount: Input the amount you wish to convert.

  3. Confirm Details: Ensure that the conversion rate matches the expected rate minus the minting fee.

Execute Minting: Click on the 'Mint' button. Confirm the transaction in your wallet. Once confirmed, avUSD (or avBTC) will be credited to your Avant balance and USDC (or BTC.b) will be sent to the contract managing the market-neutral strategies of Avant’s partners.

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Last updated 15 days ago