FAQ

• What is the different between Avault and other project?

There are currently no products on the market that directly compete with Avualt. From the user's point of view, we have selected some products with similar functions for a simple comparison. For example, Instadapp is a one-stop asset management platform, YFI is currently the largest yield aggregator, and Alpaca is a yield farm that provides interest-bearing tokens. The biggest difference between Avault and other projects is cross-chain. Those projects are only served on single chain or multichain. All of them require users to do the cross-chain by themselves. Avault is now doing the real cross-chain. We will help users to achieve one-click cross-chain and interact with different chains' dapp.

• Are there any risk management to help users avoid risk?

Safety is the core element in the assets cross chain process. Although we can use LayerZero & LI.FI to send the asset and message, there is still a safety problem with users' assets. To solve this, we designed a new technological architecture and integrated with the smart contract wallet Gnosis Safe, which can make sure that user assets are always controlled by themselves and isolated from Avault. This is more decentralized and safe. This means the users' assets will never be lost even if Avault get hacked.

We will give priority to supporting ecosystems with native assets, such as USDT, USDC and other stable coins, which can reduce the risks brought by the bridge, because these assets are not backed by the bridge. Even if the user bridges the asset from chain A to chain B, users will get the native assets of the B chain, and the final destination of their assets is the target dapp. Under this process, the user's assets will only be affected when there is a problem with the target dapp. Otherwise, the assets will not be affected even if the cross-chain bridge is stolen

Avault is only an application aggregation layer, and asset risks will only appear in bridges and target applications. Therefore, in the selection of the dapps, we will choose dapps with long running time, large asset scale, and large number of users, because the safety factor and user trust are the highest priority. The dapp selection is also the head project in each track or chain, such as Aave, Curve and Pancake, etc, which are deployed on multiple chains, which can greatly reduce the acceptance cost of users.

We also integrated LI.FI to provide more choices of bridge for users, such as Hop, Celer, Stargate, etc. First, users can choose according to their needs and preferences. Second, once there is a problem with the bridge, Avault's function will not be affected