Avault

Avault is a yield aggregator platform that provides DeFi users with automated compounding yields at empirically optimal intervals while pooling gas fees through smart contracts and best yield optimization strategies.

Features

• Strategy automatic adjustment
• Overlay of mining revenue
• Reduce cost and increase revenue

Strength

• Serve Astar ecosystem only, Optimize the revenue of all Astar's dapp
• Unlock the value of staked funds in the liquidity pools by provided interest-bearing asset token to users
• Users can earn high APY by staked their interest-bearing asset token
• The interest-bearing asset token can be used by other project to power the Astar ecosystem

Products

Vault

• Providing the interest-bearing asset token(aLP/aToken) to the users by deposited their LP from other Dapps. Then the vault will automation to continually invest and reinvest deposited funds

aLP/aToken

• aLP is the receipt of your deposited LP. At the same time, it is an interest-bearing asset token. Every interest-bearing token will earn interest automatically, even if users only hold it without doing anything. Users can stake their aLP into our farm to earn $AVAT.  

Zap

• The Zap feature allows for a user to directly switch from single asset (ASTR) to an LP Token (ARSW-ASTR LP), with just a click of a button without having to go to Arthswap and switch out different assets. Users can also just switch between different assets, for example, ASTR to AVAT. There is no additional fee for this zap; we built this tool for the convenience of users.

AVAT Token Utility

• $AVAT will be used for Governance and sharing the protocol income. We have vetoken for governance. User will be able to choose how long to lock your AVAT tokens, from a minimum of 1 week to a maximum of 4 years. In return, you will receive veAVAT tokens, which will represent your share in the governance reward pool and your voting rights

Sources:

• https://co-go.gitbook.io/avault/
• https://defillama.com/protocol/avault