Binance to Distribute HODLer Airdrops for Avantis Listing!
Introducing Avantis: A Decentralized Exchange with Unique Features
Avantis, a new decentralized exchange, has recently been launched on Base, a Layer-2 solution built by Coinbase. The exchange offers a unique trading environment with several attractive features that set it apart from other platforms.
Firstly, Avantis allows traders to leverage their positions up to 500x, providing an opportunity for significant returns on investments. However, it's important to note that such high leverage also increases the risk of losses.
One of the standout aspects of Avantis is its fee structure. The exchange operates on a rule where only winning trades incur fees. Losing trades, on the other hand, are fee-free. This can potentially save traders a significant amount of money in the long run.
Avantis supports a wide range of assets for trading. Traders can move between Bitcoin, gold, oil, forex pairs, and various cryptocurrencies on the platform. This diversity caters to the needs of a broad spectrum of traders.
The exchange's native token, Avantis (AVNT), plays a crucial role in the functioning of the platform. AVNT tokens are used for governance, staking, and liquidity rewards.
In terms of token distribution, the genesis total supply of Avantis is 1,000,000,000 AVNT. An allocation of 10,000,000 AVNT (1% of the total supply) is set aside for HODLer Airdrops. These airdrops will be distributed through a campaign by Binance to users who hold specific cryptocurrencies or meet certain eligibility criteria during the campaign period.
Furthermore, a future allocation of 20,000,000 AVNT is earmarked for marketing campaigns, six months after the launch of the exchange.
It's worth mentioning that the max token supply of Avantis remains at 1,000,000,000 AVNT, ensuring a stable and predictable supply of the token in the long term.
In conclusion, Avantis offers an innovative trading experience with its high leverage, fee structure, and wide range of supported assets. The introduction of the AVNT token and the HODLer Airdrops campaign further enhances the platform's appeal to potential users. As the exchange continues to grow and evolve, it promises to offer exciting opportunities for traders in the digital asset space.
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