Avault Now Live On Arbitrum

Avault
4 min readFeb 6, 2023

We are delighted to announce the development of Avault v2 has been completed, and the core code has been audited by PeckShield. Avault has become the first one-stop omnichain yield platform on the market.

Avault was officially deployed on Arbitrum, thanks to Arbitrum for their help in this process. Users on other chains(such as Optimism, BNB chain, and Polygon) can interact with the dapps on Arbitrum through Avault, and realize a series of functions such as omni-staking, omni-compounding, and omni copy-trading in one click. By using Avault, users do not need to prepare the gas fee of target chain, nor do they need to transfer assets from chain a to chain b through the bridge by themselves. In the future, Avault will integrate more dapps on Arbitrum, so that more users on other L1 can experience Arbitrum’s high-quality projects easily.

To promote omnichain interoperability, we will start the first phase of the giveaway. We will be giving participants an exclusive NFT which collaborates with LI.FI & Stargate of our first NFT collection after that. The NFT holders will be entitled to receive future benefits from Avault as one of the early adopters in the community ( ✈️ 🪂)

How to Join

Completed all the missions below and verify on Galxe::

  1. Follow Arbitrum on Twitter
  2. Follow Avault on Twitter
  3. Follow LI.FI on Twitter
  4. Follow Stargate on Twitter
  5. RT the event announcement
  6. Enter Avault and complete the following interaction: Deposit at least $10 of asset into Arbitrum Stargate from other chains(BNB、Polygon、Optimism)via Avault

JOIN NOW

Note: We will take a snapshot everyday, so make sure you keep your position during snapshot

How to use Avault

Part 1: Deposit

Step 1: Go to Avault website and connect your wallet

Step 2: Choose the network, dapp, and pool you would like to deposit

Step 3: a. Enter the amount that you would like to deposit; b. Choose the pathway provided by LI.FI based on your demand; c. Click “Stake” and start processing

Step 4: Back to “Vault”, you can see your position there, which means your OP has already been deposited into USDC pool of Stargate on Arbitrum from Optimism

Part 2: Withdraw

Step 1: Click withdraw on your position

Step 2: Enter the amount of token you want to withdraw, then your asset will automatically withdraw

Step 3: Check your wallet, your money will be there!

Demo Video

About Avault

Avault is a disruptive way to interact with an array of web3 Defi dApps. As the first one-stop omnichain yield platform on the market, Avault’s users can use any asset on any chain supported by Avault to do Omni staking, Omni copy-trading, etc on one click, so they can forget about the unwieldy cross chain experience and focus on speed, usability and what truly matters in their trade.

WebsiteDiscord | Twitter | Github | Medium

About Arbitrum

Arbitrum One is a leading Ethereum Layer-2 scaling solution developed by Offchain Labs. An Optimistic Rollup, Arbitrum One provides ultra-fast, low-cost transactions with security derived from Ethereum. Launched in August 2021, the Arbitrum One mainnet beta is EVM-compatible to the bytecode level and has 50%+ TVL in the L2 segment. 400+ DeFi and NFT projects are live in the ecosystem to date. In August 2022, Arbitrum One upgraded to Nitro tech stack, enabling fraud proofs over the core engine of Geth compiled to WASM.

Discord | Medium | Twitter

About LI.FI

LI.FI is the most advanced bridge and DEX aggregator with smart routing capabilities to find the best route to move any asset on any chain, to another asset on another chain. They have added support for 13 bridges across 15+ EVM-compatible chains, along with all DEX aggregators & DEXs on those chains, into a single solution that is available as an SDK, widget, or API.

WebsiteDiscord | Twitter | Github | Medium

About Stargate

Stargate is a fully composable liquidity transport protocol that lives at the heart of Omnichain DeFi. With Stargate, users & dApps can transfer native assets cross-chain while accessing the protocol’s unified liquidity pools with instant guaranteed finality.

Discord | Telegram | Medium | Twitter

--

--

Avault

The First One-stop Omnichain Yield Platform that aims to lower the threshold for users to use DeFi DApps.