Avault
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    • $AVAT
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  1. Tokenomics

$AVAT

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Last updated 2 years ago

Ticker: $AVAT

Total Supply: 500,000,000

Decimal: 18

Astar's Token Address: 0x03065E84748a9e4a1AEbef15AC89da1Cdf18B202

Utilities

AVAT is Avault's governance token. Users can obtain veAVAT by staking AVAT. User will be able to choose how long to lock your AVAT tokens, from a minimum of 1 week to a maximum of 4 years. In return, you will receive veAVAT tokens, which will represent your voting rights and share of protocol income. The right to vote and propose is especially important because we plan that Farm will be decided by governance to open, as well as the duration and the number of rewards. It makes the project more decentralized