Avault Finance

- What is Avault?

Avault means Astar vault . All the Astar users can put their asset in our platform safely and earn a high return. At the same time, Avault has its alt meaning.

A is for appreciative, of all you have;

V is for vitality, your lust for living;

A is for attractive, inside and out;

U is for unite, bring people together;

L is for look, the way you look at life;

T is for tender, loving nature.

- What is the different between Avault and other vault project?

the biggest difference between Avault and other vault is we will provide an interest-bearing asset token(aLP) to the users who deposited their LP on our platform.

We believe that aLP can become an essential part of Astar Defi ecosystem. The aLP can unlock the value of staked funds in the liquidity pools. Many other defi projects can do lots of things by using this aLP. At the same time, users can stake this aLP to farm AVAT token for higher return. So Avault is not only a simple yield aggregator, we are trying to rich the Astar ecosystem in the future. Every Astar user can benefit by this mechanism.

- Why build on Astar Network?

Astar is one of the Parachains on Polkadot. Part of our teammates knew and had some technical communication with Sota and Astar team, which was called Plasm at the substrate alliance held by Patract Labs in last year May. Since that time, they have had a great relationship with Astar team. Also, we can see that Astar aims to be the biggest hub for the multi-chain era by bridging with Ethereum, Cosmos, and others. TVL of Astar grew from 0 to more than 800 million in 2 months. It shows how big potential Astar has. That is why we have decided to focus on Astar. We hope to grow up with Astar and power its ecosystem.

aLP/aToken

What is aLP/aToken? How can I use it?

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.

Why we create aLP/aToken?

The reason why we create the aLP and aToken is trying to rich the ecosystem. Even if the Avault token is all distributed in the future, the LP that users deposited in Avault can still be used by other projects.

For example, we allow another vault to use our aLP/aToken to put in their project to farm more revenue.

Also, the lending protocol can us aLP/aToken as collateral. Compared with a single token, the risk of liquidation will be much lower. It is because the value of aLP/aToken is increased continually. So that users' LP is more flexible to use and generate more value.

Moreover, as we will provide aToken(aUSDC, aUSDT, etc) which generated by USDC, USDT deposited on Avault. Then we will stake those stablecoin on Starlay to earn interest. That means users can use those token to group an LP in a platform like Curve to earn extra revenue. At that moment, users not only receive interest from Starlay, but also will receive revenue from platforms like Curve, probably Sirius.

-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.