We are excited to announce our partnership with Avant, the creator of $avUSD and $savUSD, the stable-value token powered by DeFi yield generated by market-neutral strategies.
Avant allows investors to access above-market DeFi yield through sophisticated strategies that are not available to retail traders and by tokenizing it unlocks new yield opportunities.
With Stable Jack v2, we will introduce yield trade on yield-bearing stablecoins. Leveraging Avant's $savUSD, we will offer two unique products:
Yield Token: Investors will earn a fixed yield on $savUSD which will allow them to hedge or lock their yield.
Volatility Token: Investors will earn a leveraged yield on $savUSD, which will allow them to earn outsized USD yield returns.
Through this partnership, investors can opt for fixed yield or leveraged yield on $savUSD yield which can provide above-market yield returns.
Stable Jack v2 will unlock new utilities for collateral assets. With partners like Avant, we are thrilled to bring innovation and excitement to the Avalanche DeFi ecosystem!