Key Highlights:
- Provide Liquidity: Utilize AVAIL liquidity across Dexes.
- Mint stAVAIL: Mint staked AVAIL using AVAIL or any other ERC-20 token on deq.fi to access various DeFi primitives and liquid staking initiatives.
- Native Yield With Liquid Staking: stAVAIL is a yield bearing liquid asset, earning you staking rewards while simultaneously leveraging DeFi opportunities.
- Earn Deq.fi Points: Mint and hold stAVAIL to earn rewards.
The native AVAIL token is fundamental to the Avail network, serving as the means to pay for network services and distribute rewards that maximize utility and encourage long-term activity within the Avail ecosystem. With networks like Lens and Sophon set to build on Avail, the token can be bridged to Ethereum and will be used by applications in DeFi, consumer crypto, enterprise, gaming and many other application areas.
How to get AVAIL ERC-20
The AVAIL ERC-20 token can be accessed by bridging the native AVAIL token to Ethereum through the Avail bridge. It is also available on centralized exchanges such as Gate.io & Bitget, and can be accessed via on-chain liquidity using aggregators like 1inch, matcha.xyz etc.
Liquid Staking
Once you acquire the AVAIL ERC-20 token, you can convert it to stAVAIL on deq.fi to take advantage of liquid staking opportunities.
Benefits of AVAIL Liquid Staking
- Earn Native AVAIL Staking APY: stAVAIL accrues staking rewards.
- Earn deq.fi points: Minting stAVAIL qualifies you for deq.fi points.
- DeFi opportunities: Liquid staking will allow you to participate in various DeFi protocols where stAVAIL will be used in the future.
How to get started
- Get AVAIL:
- Option 1: Use a centralized exchange or the Avail Bridge: Obtain AVAIL in your ERC-20 wallet via a CEX that allows ERC-20 withdrawal of the AVAIL token or bridge native AVAIL from Avail’s chain to Ethereum via Avail’s native bridge.
- Option 2: Acquire AVAIL on-chain through aggregators like 1inch or matcha.xyz on the Ethereum network.
- Mint stAVAIL:
- Mint stAVAIL on deq.fi using AVAIL or any other ERC20 asset (e.g. ETH, USDT). Start earning Deq Points along with yield on staked AVAIL.
stAVAIL token holders can also participate in Avail and Sophon's Unified Token Initiative.
AVAIL ERC-20 token holders can bridge their tokens to the Base blockchain to add AVAIL Liquidity to earn AERO rewards on Aerodrome Finance.
Please note, the AVAIL ERC-20 token address is: 0xeeb4d8400aeefafc1b2953e0094134a887c76bd8
About Deq.fi & stAVAIL
Deq is a native liquid staking platform for AVAIL tokens on Ethereum. stAVAIL is an ERC-20 token on Ethereum representing staked AVAIL tokens, accruing value over time based on staking rewards distributed on the Avail network. Since it is not a rebasing token (i.e. your balance does not change over time), it can easily be utilized in DeFi protocols.
Details on Deq Points will be announced by the deq team soon.
About Avail
Launched in July and led by former Polygon co-founder Anurag Arjun and research lead Prabal Banerjee, Avail’s novel architecture is positioned to unify web3, creating a cohesive ecosystem. With planned activities to increase the utility of the AVAIL ERC-20 token within Ethereum’s DeFi ecosystem, Avail aims to provide the community with numerous ways to participate and access rewards.
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