Avaware Platform Overview
Avaware.Network is the primary DeFi product. Through Avaware.Network offer access to LP farms as well as an $AVE single sided pool. Its farming rates are competitive yet sustainable.
The launchpad is currently active, and utilize the IFO model. If you aren’t familiar that means you stake $AVE and earn the token distributed in exchange. The more AVE you stake, the more of the IFO tokens you receive. This is a great way to launch new projects since AVE has been active on Avalanche for awhile now it’s holders are wide and varied. This also makes it possible for any new investors to take part simply by buying AVE and staking it in the launchpad.
Tokenomics
Avaware minted 2m $AVE coins into circulation, some of these were used to convert AVA holders over to $AVE and 150k were put into liquidity on the exchange. They plan on having a total supply of 10m which will be reached over a period of years with liquidity farming, yield bearing game items, community events, and potential private investment.
Liquidity — This will be used in combination with potential funds we raise through investors to grow our liquidity across the decentralized exchange. So far 150k $AVE was put on Pangolin.Exchange and are looking into other potential exchanges as well.
Avaware — These funds go towards growing and expanding our team, utilizing contractors, marketing our projects, and supporting our infrastructure.
Private Investors — allotted funds for potential private investors. These funds would allow Avaware to expand its core team and grow unhindered. Funds could also be used to provide liquidity to the pool as needed.
Yield Farming — Avaware.Farm’s Pools will reward farmers in $AVE while providing a great return on their investment. Avaware’s projects and ambition will make sure $AVE retains value and grows over time.
Game Distribution — A unique feature of Avaware game is you will be able to purchase and trade yield bearing NFTs which generate $AVE. Build your empire while growing your investment
In coming days, Avaware will be releasing their new NFT that will surely excites their users and community.
ABOUT Avaware
Avaware brings talented open source developers together to collaborate and bring fun, innovative projects to a device near you.
