What is Avantis?
Avantis is a decentralized leveraged trading platform built on the Base network. It facilitates trading of synthetic assets like cryptocurrencies, forex, and commodities via perpetual contracts. Users can take long or short positions, offering a flexible trading experience.
The project has raised $4M in funding from notable investors such as Pantera Capital and Galaxy Digital. With over $2.5B in trading volume and 30,000+ unique traders during its first season, Avantis is steadily growing.
Avantis Airdrop Details
Avantis has launched Season 2 of its XP campaign following a successful Season 1, which reached $12M in Total Value Locked (TVL). While no official token has been announced yet, early platform users could potentially benefit from future token rewards.
The XP system tracks user activity, including trading and liquidity provision, which may contribute to token eligibility.
Season 2 introduces enhancements like real-time XP tracking for liquidity providers and an expanded referral program. Participants from Season 1 receive a 1.25x XP boost, encouraging continued engagement.
Step-by-Step Guide: How to Participate in the Avantis Airdrop
- Access the Avantis Platform
- Visit the Avantis website.
- Connect your wallet and switch to the Base network.
- Sign Up with a Referral Code
- Use the code “airdropsio” during registration.
- Prepare Your Assets
- Ensure you have ETH on Base for gas fees and USDC for trading.
- Use Rhino.fi or Binance to bridge ETH and USDC to Base if needed.
- Start Trading
- Navigate to the “Trade” section and execute trades.
- Provide Liquidity
- Visit the “Earn” section and deposit USDC into liquidity vaults.
- Earn XP
- Accumulate XP through trading and liquidity provision.
- Share your referral code to earn 10% of referred users’ XP.
- Monitor Progress
- Keep track of your XP earnings (a new dashboard will launch on ~January 1, 2025).
Season 2 Key Features
- Real-Time XP Tracking: Liquidity providers can monitor their XP.
- Expanded Referral Program: Includes rewards for referrals who provide liquidity (10% of their liquidity XP).
- 1.25x XP Boost: For Season 1 participants.
- Improved Dashboard: A streamlined dashboard will go live soon.
- Locked XP Bonuses: Pending Season 1 rewards will be distributed shortly.
Maximizing Your Earnings
- Active Trading: Earn trading XP by executing trades regularly.
- Liquidity Provision: Deposit USDC in vaults for steady XP accumulation.
- Referral Program: Share your referral code to gain additional XP.
- Diversify Activities: Engage in both trading and liquidity provision.
- Consistency: Stay active throughout Season 2 to optimize rewards.
Important Notes
- XP accumulation for Season 2 has already started.
- The new dashboard is expected by ~January 1, 2025.
- Season 1 participants automatically receive a 1.25x XP boost.
- Pending locked XP bonuses from Season 1 will be distributed soon.
- Keep sufficient ETH for gas fees on the Base network.
Frequently Asked Questions
When will the new dashboard be available?
The dashboard is expected to launch in two weeks, but XP tracking is already underway.
What was achieved in Season 1?
Season 1 recorded:
- $2.5B+ in trading volume.
- Over 30,000 unique users.
- 665,000+ trades.
- $12M in TVL.
How do I bridge assets to Base?
Bridge ETH and USDC using Binance or Rhino.fi.
What do I need to participate?
You’ll need a compatible wallet, ETH for gas fees, and USDC for trading or liquidity provision.
Avantis aims to become the leading liquidity layer for cross-asset leverage on Base, integrating real-world assets and cryptocurrencies into a unified DEX for trading, lending, and borrowing.
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