This time it's really big, the perpetual contract exchange Avantis @ Avantisfi has released detailed information about its token AVNT one ⃣ The achievements of Avantis @ Avantisfi Since the launch of the mainnet in February 2024: ① The cumulative trading volume of the platform exceeds 18 billion US dollars ② More than 38500 traders executed over 2 million trades ③ Over 25000 LPs with TVL exceeding $23 million ④ Collect an annual fee of over 15 million US dollars, with over 80% of the fee going back to the society AVNT utility: Protecting agreements, earning rewards (staking), provides critical protection for liquidity providers (LPs) from the impact of funding shortages in extreme market events Powering the ecosystem (community rewards): AVNT supply will be dedicated to supporting Avantis' thriving users Shaping the Future (Governance): All token holders can provide suggestions and vote on key protocol decisions two ⃣ AVNT Token Economics Total quantity: 1 billion pieces Token：AVNT Airdrop 1 (12.5%): Reserved for users who will engage in all protocol activities on S1 and S2 starting from February 2024, as well as community contributors, influencers, and ecosystem partners. Please note that the snapshot has not yet been taken, which means there is still a chance to make the final sprint, which may only be one week left! From token economics, it can be seen that during TGE, only 12.5+6=18.5% of tokens were in circulation, with airdrops and liquidity provided three ⃣ AVNT value is not worth participating in From the current market situation, the Perp track is definitely one of the key participating tracks, and the upper limit of Hyper is there At the same time, Avantis' investors include Pantera, Founders Fund, Galaxy, Flowdesk, etc. I don't know what it means for these VC firms to join forces, but it is certain that they will definitely cause trouble, so it is definitely important to focus on Avantis Avantis doesn't have a snapshot yet, those who want to participate still have a chance https://www. (avantisfi.com)/referral? code=syk233