Introducing Avantis on Bitkub Exchange

The recent listing of Avantis on Bitkub Exchange marks a significant advancement in the cryptocurrency space. This move not only enhances the visibility of Avantis but also introduces innovative trading avenues for crypto enthusiasts.

Understanding Avantis

Avantis is a pioneering decentralized exchange (DEX) built on the Base network. This platform enables users to trade a diverse range of assets, including cryptocurrencies as well as tangible assets like metals, commodities, and foreign exchange. What sets Avantis apart is its ability to offer up to 500 times leverage on trades without imposing any trading fees, allowing traders to take larger positions without the burden of extra costs. Furthermore, Avantis operates with its native token, $AVNT, which facilitates platform operations and empowers the community in governance decisions. Avantis aims to bridge decentralized finance (DeFi) and traditional finance sectors effectively.

• Fee-Free Trading with Exceptional Leverage
  Traders can enjoy leverage up to 500x without any trading fees, making it simpler and cost-effective to implement advanced trading tactics.

• Diverse Asset Support
  With Avantis, trade across a plethora of assets, including cryptocurrencies, forex, and commodities, providing an excellent opportunity for traders to diversify their portfolios.

• Incentives for Positive Slippage
  Traders can achieve better-than-expected prices, known as positive slippage, which rewards users who contribute liquidity to the exchange.

• Loss Protection Mechanism
  Traders going against prevailing trends can receive up to 20% rebates on losses, fostering a supportive environment for experimenting with diverse strategies.

• Benefits for Liquidity Providers
  Liquidity providers stand to earn Crypto Rewards based on market dynamics, where many users have accrued significant earnings, even crossing the $1 million mark in USDC fees due to Avantis’ effective platform design.

The Avantis Development Plan

The Avantis team has laid out an ambitious roadmap for future expansion:

• Q3 2023: Introduction of Testnet V1, incorporation of $USDC vaults, and the initiation of beta testing.

• Q4 2023: Testing of portfolio management features and LP vaults, rollout of public testnet, and completion of smart contract audits.

• Q1 2024: Launch of Mainnet Beta, introducing additional trading pairs, improved user interface, and higher liquidity provider limits.

• Q2 2024: Upgraded Mainnet Beta V2 featuring new asset offerings, enhanced interface, and trading limits updates.

• Q3 2024: Analytics enhancements, leverage for BTC, ETH, and SOL going up to 100x, with further platform upgrades.

• Q4 2024: Completion of Season 1 of XP, integration with additional protocols, and initiation of a zero-fee product series.

• Q1 2025: Launch of Season 2 of XP, integration of lending/borrowing features powered by Morpho, migration to Avantis v1.5, along with chart enhancements.

This roadmap reflects Avantis’ dedication to refining its platform and providing traders with enhanced opportunities.

Final Thoughts

The presence of Avantis on Bitkub Exchange enhances its accessibility for traders. With its zero-fee structure, high leverage options, and wide-ranging asset support, coupled with a comprehensive growth strategy, Avantis is poised to emerge as a leading platform in the DeFi landscape. For traders seeking efficient, cost-effective trading solutions, Avantis is undoubtedly an attractive choice.