Omnichain Yield Platform Is Now Live! Get Involved in Pre-Alpha Testing!

Avault
4 min readNov 22, 2022

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Are you excited to know what the next generation of Defi looks like? Here is the answer! Omnichain!

We are delighted to announce the MVP of Avault’s one-stop omnichain yield platform is now live. At the same time, our private MVP Testing will start. We will invite some users to get involved in our testing to help us to find & fix any issues: bugs, user interface, and others. Share with our community how Avault works and how to benefit from it. If you are interested, please reserve your spot below.

Reserve your spot

What is Avault

Avault is a one-stop omnichain yield platform that aims to lower the threshold for users to use Web 3.0 DeFi Dapps. Avault’s users only need to hold one asset on one chain supported by Avault to interact with DeFi applications on other chains, truly realizing cross-chain compounding, staking, lending, etc with one click.

At present, most Defi projects require users to finish the cross-chain by themselves. Avault will help users to achieve a one-click cross-chain without preparing target-chain assets and wallet. To make users’ investment behaviors simple and easy to operate, they only need to choose the chain and dapp they want to go to, and they don’t need to consider the steps behind the cross-chain and switch between different networks and pages, realizing senseless cross-chain operation.

By using Avault, users could have:

  • Gas fees for source and destination chain paid up front in one transaction
  • Single-click transactions that perform multiple actions (swap>bridge>swap)
  • Transactions that are guaranteed to arrive on the target chain with the best path
  • Gaining Omnichain Yield

Learn more about Avault

How to use Avault

Part 1: Deposit

Step 1: Go to Avault’s MVP website and connect your wallet

Step 2: Check your network and make sure you are now in Arbitrum/Optimism (MVP V1 only supports AAVE on Arbitrum & Optimism, more assets, chains and dapps, such as Pancake on BNB Chain and Arthswap on Astar will be supported on upcoming V2 & V3)

Step 3: Choose Optimism if you are in Arbitrum, vice versa. Then click deposit on USDC/ETH

Step 4: Enter the amount of token you want to compound

Step 5: Now your asset already compounded by Optimism’s AAVE. Then back to Vault and check your position. (If you are in Optimism, your asset should compound on Arbitrum’s AAVE)

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 from AAVE on Optimism to Arbitrum, vice versa

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

Demo Video

Receive Exclusive NFT to Receive Future Benefits

As a thank you for your support, we will be giving participants an exclusive NFT of our first NFT collection after each stage of MVP Testing is finished. As there are three stages of our MVP Testing, you willw receive up to three NFTs. The NFT holders will be entitled to receive future benefits from Avault as one of the early adopters in the community ( ✈️ 🪂)

NFT of MVP V1, MVP V2, MVP V3

About Avault

Avault is a one-stop omnichain yield platform that aims to lower the threshold for users to use Web 3.0 DeFi Dapps. Users who hold one asset on one chain will be able to interact with Dapps on other chains in one click to complete cross-chain compounding, staking, lending, copy-trading, etc.

WebsiteDiscord | Twitter | Github | Medium

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Avault

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