The product currently has just over $5 million in total value locked and fewer than 10 depositors amid its early-access strategy.
Founders
Rhett Shipp
Company Description
Avant is an Avalanche-based decentralized finance protocol that offers a 'stable-value' token avUSD, which can be staked to receive a yield-generating version of the token savUSD. Users can mint avUSD by staking USDC or USDT stablecoins.
Market
Cryptocurrency
Location
USA
Coinvestors
Superlayer, Avalaunch, GoGoPool, Daybreak Digital, Linda Kreitzman