Avalend Finance Fair Launch
New lending protocol on Avalanche.
No contracts.
DETAILS
- Max supply: 1,000,000,000 AVAL
- 100,000,000 AVAL for initial liquidity
- 700,000,000 AVAL for staking pools
- 5,000,000 AVAL to team having 6-month full lockup, 20 months linear unlock thereafter
- 5,000,000 AVAL for seed sale having 3-month full lockup, 5 months linear unlock thereafter
- 100,000,000 AVAL for development and airdrops
- Liquidity will be added on TraderJoe
- Emission rate will be as follows:
- 2,000,000 AVAL / second for first 20 days
- 1,000,000 AVAL / second for the next 300 days
- 100,000 AVAL / second for the remaining 3,600 days
- AVAL is the governance token
- By staking AVAL you can get 10% interest subsidy while lending and 5% discount while borrowing
- You can borrow up to your “Borrow limit” worth of assets, with the respect to assets’ “Liquidation threshold”
- As the liquidation will be triggered while the line was hit, the borrower’s staked AVAL will automatically serve as collateralized asset while one is facing liquidation
- Roadmap includes DAO launch
- Twitter: https://twitter.com/ava_lend
- Discord: https://discord.com/invite/UHMZFJxb3V
- Telegram: https://t.me/AvalendFi
- Type of Audit, Review or KYC: Solidity Finance
- Audit / Review: https://solidity.finance/audits/AvalendFinance/