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Avant - Seed
Overview
About Avant - Seed
Avant, a crypto yield protocol developer similar to Ethena Labs, said it has raised $6.5 million in a seed funding round. The round saw participation from SuperLayer, Avalaunch, GoGoPool, Daybreak Digital and Linda Kreitzman.
Investors
Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
---|---|---|---|---|---|---|
Lab | -- | -- | 6 | -- | ||
Corporate | United States of America | 2020 | 13 | -- |
Company Profile / Project Introduction
Avant is an Avalanche-based crypto yield protocol that offers a yield-bearing ‘stable-value' token similar to the popular Ethena. Avant issues a "stable-value" token called avUSD, which can be staked to receive savUSD, a yield-bearing version of avUSD.