Avalon Labs

What is Avalon Finance?

Avalon Finance is a lending platform operating across multiple blockchain networks including Arbitrum, BNB Chain, BitLayer, CoreDAO, Ethereum, and Merlin. The platform focuses on providing lending services while expanding its USDa ecosystem, which is central to its operations.

The platform has developed a multi-chain lending infrastructure that allows users to lend and borrow assets across different blockchain networks. With its recent developments, Avalon Finance is expanding its ecosystem through the introduction of the $AV token and enhanced reward mechanisms.

Avalon Finance Airdrop Details

Avalon Finance has officially confirmed the $AV token airdrop, which will be distributed to USDa holders and active platform users. The airdrop includes multiple earning mechanisms, combining direct holdings, protocol participation, and platform engagement.

The airdrop incorporates a referral system that offers additional rewards: referrers earn a 20% bonus on their friends’ $AV rewards, while referred users receive a 10% bonus on their earnings. This creates a collaborative earning environment for participants.

Registration for the airdrop has now opened. Register with your wallet now to receive the tokens at TGE.

Step-by-Step Guide:

Register for the Avalon Airdrop

  1. Visit the AVL Airdrop Registration Page.
  2. Click “Register” and connect your wallet.
  3. Confirm your receiving wallet address and receiving chain.
  4. Click “Confirm” to finalize your registration.
  5. AVL will be claimable at your registered wallet after TGE.
  6. For more information regarding the airdrop, see this Medium article.

How to Earn $AV Tokens

Follow these steps to participate in the Avalon Finance airdrop and maximize your $AV token earnings:

  1. Visit the Avalon Finance rewards page
  2. Connect your cryptocurrency wallet to the platform
  3. Hold $USDa or $sUSDa tokens in your wallet
  4. Generate your unique referral code through the platform
  5. Participate in whitelisted protocols using your $USDa and $sUSDa
  6. Engage with Avalon DeFi lending to earn additional points
  7. Share your referral code with others to earn 20% bonus rewards

Ways to Maximize Your $AV Earnings

There are three primary methods to earn $AV tokens:

  1. Token Holding
  • Hold $USDa or $sUSDa tokens in your wallet
  • Maintain your holdings to continuously earn rewards
  1. Protocol Participation
  • Use your $USDa and $sUSDa in whitelisted protocols
  • Engage with supported blockchains
  • Keep track of new protocol additions
  1. Platform Engagement
  • Use Avalon’s DeFi lending services
  • Earn points through platform activities
  • Convert accumulated points to $AV tokens at TGE

Referral Program Benefits

To maximize your earnings through the referral program:

  • Generate your unique referral code
  • Share it with friends and community members
  • Earn 20% bonus on referred users’ $AV rewards
  • Users who use referral codes receive 10% bonus on their earnings

Frequently Asked Questions

What is $USDa?

$USDa is Avalon Finance’s ecosystem token that plays a central role in the platform’s operations and reward structure. Holding $USDa qualifies users for $AV token rewards.

When will $AV tokens be distributed?

The exact distribution date will be announced by Avalon Finance. Follow their official channels for updates about the token generation event (TGE).

How are points converted to $AV tokens?

Points earned through platform activities will be converted to $AV tokens at the time of the token generation event (TGE). The exact conversion rate will be announced by the team.

Can I participate on different networks?

Yes, Avalon Finance operates across multiple networks including Arbitrum, BNB Chain, BitLayer, CoreDAO, Ethereum, and Merlin. You can participate in any of these supported networks.

 

Remember to always verify links and information through official channels and practice proper security measures when participating in cryptocurrency activities.

You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

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Estimated Value

n/a

Tokens per Claim

n/a

Max. Participants

Unlimited

Overview