Binance to Distribute Avantis Tokens in HODLer Rewards!
In the ever-evolving world of cryptocurrencies, a new player has emerged on the scene: Avantis (AVNT). This decentralized exchange, built on Base - a Layer-2 created by Coinbase, is set to redefine trading for the digital asset community.
Avantis (AVNT) boasts a total and max supply of 1,000,000,000 tokens. An intriguing feature of this platform is the 10% lifetime cashback offered on every trade, although it's important to note that the bullet points provided do not explicitly state this is a feature of Avantis.
The governance of Avantis (AVNT) lies in the hands of its users, with the AVNT token serving as the cornerstone for governance, staking, and liquidity rewards. For those who hold AVNT, a portion of the total supply, 10,000,000 tokens (1%), has been set aside for HODLer Airdrops.
Avantis (AVNT) presents an innovative approach to trading fees. The platform operates under the rule that losing trades pay no fees, only winning trades do. This could potentially attract traders seeking to minimise costs associated with unsuccessful trades.
Leverage up to 500× is available on the Avantis (AVNT) platform, offering traders the opportunity to amplify their potential gains. However, it's crucial to remember that higher leverage also increases risk.
In addition to cryptocurrencies, Avantis (AVNT) allows trading of various assets such as gold, oil, and forex pairs. This diversification could attract a broader range of traders to the platform.
While the company behind Avantis (AVNT) appears to have ties to Avantis Investors by American Century, a well-known ETF issuer, the exact creators of the Avantis cryptocurrency itself remain unclear from the provided search results.
Lastly, 20,000,000 AVNT will be allocated for marketing campaigns after six months, indicating a commitment to growing the platform's presence in the market.
Avantis (AVNT) promises to bring a fresh perspective to the decentralized exchange landscape, offering innovative features and a diverse range of trading assets. As always, potential investors are advised to do their own research before engaging with any cryptocurrency project.
