Avant USD(AVUSD)

Overview

Avant is a DeFi platform established in June 2024 with the stated aim of building a more inclusive financial system through a DeFi-powered stable-value token. The platform offers avUSD, a stable-value token, and savUSD, its staked, yield-bearing counterpart.

According to the project, Avant seeks to align with the principles of decentralization by being accessible around the clock, open to anyone, and providing equal financial opportunity regardless of investment size. It also describes an objective of bridging DeFi and traditional finance (TradFi) and changing how yield is generated and value is stored.