We are delighted to announce Avault is selected to join Astar incubation program. That means we can work with Astar team closely and Avault will be supported by Astar Network from various aspects. For learning more details about Astar incubation program, you can check the following link:
To be better supported by the Astar incubation program, we decided to make some adjustments to our tokenomic. 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 tokenomic
Investor: 0%→20%
Team: 15%→10%
Foundation: 15%→5%
Vault Incentive: 60%→55%
About Avault
Avault means Astar vault. All Astar users can deposit their assets on our 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. That’s why it’s important for the ecosystem to have a parachain that enables this for all developers who want to build in the Polkadot ecosystem. Astar is here to provide the best solution for all developers by supporting EVM and making a parachain where EVM and WASM smart contracts can co-exist and communicate with each other.
