Avant Protocol is accelerating DeFi in the Avalanche Ecosystem.
Avant issues a "stable-value" token called avUSD, which can be staked to receive savUSD, a yield-bearing version of avUSD, which operates on the Avalanche blockchain. While avUSD itself does not generate yield, it is designed for use in various DeFi activities, such as borrowing and lending. Yield is earned by staking avUSD to receive savUSD.
Avant has partnered with on-chain asset manager 0xPartners, which uses delta-neutral trading strategies to generate returns for savUSD holders. Delta hedging involves reducing the price risk of a spot position by taking an opposing futures position.
