Ali3N
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    Avant Protocol Dashboard

    hexagon

    Flipside AI

    Avant Protocol's avUSD ecosystem demonstrates robust growth and user engagement, with 243 unique minters and 11.3 million tokens minted by February 28, 2025. The platform shows significant concentration, with the top 5 avUSD stakers holding 2,661,828.69 savUSD, representing over 50% of the total staked supply. The protocol's Total Value Locked (TVL) has grown impressively, surpassing $10.90 million and experiencing a dramatic 41.8% surge from 7,589,568 to 10,013,648 between February 11-12, 2025, highlighting strong user interest and market confidence.

    Analysis
    Introduction

    Avant is a DeFi platform established in June 2024 with the mission to create a more inclusive financial system through a DeFi-powered stable-value token. The platform introduces avUSD, a stable-value token, and savUSD, its staked, yield-bearing counterpart.

    avUSD is a stable value token that is minted when users deposit USDC or USDT into the platform. Unlike traditional stablecoins, avUSD is a stable-value token that can be thought of as a receipt token for the USDC and USDT deposits on Avant. The underlying assets are deployed by trusted partners in advanced, market-neutral DeFi, on-chain strategies that have historically yielded returns in all market conditions.

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    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.