Hello Product Hunt! This is Ericsson from Avault. Avault is a combination of yield aggregator and liquid staking. As a yield aggregator, the project token must all circulate in one day. To keep the project alive, we decided to provide users with the interest-bearing asset token(aLP/aToken) after they deposited their assets into our vault. Every interest-bearing token will earn interest automatically, even if you only hold it without doing anything. Actually, the revenue would not only come from the Defi protocol where users' LP grouped and the Avault token in short term but also the part of the vault fee. The reason why we do the aLP/aToken is to try to rich the ecosystem and unlock the asset liquidity. Even if the Avault token is all distributed in one day, the LP that users deposited in Avault can still be used by other projects. We believe that aLP/aToken can become an essential part of Astar and Polkadot ecosystem. The aLP/aToken can unlock the value of staked assets in the liquidity pools. All the defi projects can do lots of things by using Avault aLP/aToken. Let's say layer 0 is the asset on the ecosystem. Then layer 1 will be the aLP/aToken. It is because users can deposit all their layer 0 assets into Avault to receive aLP/aToken. Users can still receive their revenue from other dapp. At the same time, users can stake their aLP/aToken to farm AVAT token for higher returns. They can also stake their aLP/aToken to other dapp for more use cases, such as they can use it as collateral on the lending protocol. aLP/aToken will have less risk of liquidation compared with a single token. There are many other use cases to that aLP/aToken can be applied. aLP/aToken can maximize the asset utilization on Astar ecosystem. So Avault is not only a simple yield aggregator, we are trying to rich the whole Astar defi ecosystem. Every Astar user can benefit from this mechanism, and when the XCMP is available, aToken could also benefit all the Polkadot users. Discord: https://discord.gg/WcARFMy2t8 Lmk if you are interested in Avault! Just leave a comment and I’ll get back to you ASAP.

Avault Finance

Compound Yield & Unlock Asset Liquidity on Astar & Polkadot

Compound Yield & Unlock Asset Liquidity on Astar & Polkadot