INTRODUCING $AVNT: THE TOKEN FOR UNIVERSAL LEVERAGE

Summary from the TLDR Crypto newsletter

Avantis, a leading derivatives DEX on Base, has launched $AVNT, a utility and governance token designed to secure its protocol, align incentives, and decentralize governance. Since its February 2024 mainnet debut, Avantis has processed $18B+ in volume, onboarded 38,500+ traders, and listed 80+ markets. The token grants stakers fee discounts and rewards, dedicates 50.1% of supply to community incentives, and aims to scale its "Universal Leverage Layer" to capture demand in the $1 quadrillion RWA derivatives market.