Avault Joins Astar Incubation Program
Avault join Astar incubation program. That means Avault can work with Astar team closely and will be supported by Astar Network from various aspects.
To be better supported by the Astar incubation program, Avault decided to make some adjustments to its tokenomics. After being updated, it will allow Avault to raise more capital from V.C to support the project development and marketing in the future.
Here is the latest tokenomics
- Investor: 0%→20%
- Team: 15%→10%
- Foundation: 15%→5%
- Vault Incentive: 60%→55%
Avault is a yield aggregator that provides DeFi users with automated compounding yields at empirically optimal intervals while pooling gas fees through smart contracts and with the best yield optimization strategies. With the Vault and Zap feature from Avault, users are able to yield with automated compounding to achieve higher capital efficiency and directly switch from a single asset (eg. ASTR) to an LP Token (eg. ARSW-ASTR LP) with one click.
ABOUT Avault
Avault means Astar vault. All Astar users can deposit their assets on the platform safely and earn a high return. Avault is a yield aggregator platform that provides aLP/aToken to DeFi users with automated compounding yields at empirically optimal intervals while pooling gas fees through smart contracts and best yield optimization strategies.
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ABOUT Astar
Astar Network is a dApp hub on Polkadot that supports Ethereum, WebAssembly, and layer 2 solutions like ZK Rollups. Astar aims to be a multi-chain smart contract platform that will support multiple blockchains and virtual machines. Polkadot Relay Chain doesn’t support smart contracts.
