Road Town, British Virgin Islands, February 11th, 2025
Avalon Labs has announced that its native token, AVL, will be listed on Bybit’s Spot trading platform on February 12, 2025. This new listing marks a significant milestone in expanding the reach and accessibility of Avalon’s ecosystem.
The timeline for deposits begins on February 11 at 10:00 AM UTC, the AVL listing goes live on February 12 at 10:00 AM UTC, and withdrawals open on February 13 at 10:00 AM UTC. Deposits and withdrawals will be processed via the ETH network and the BSC network, ensuring a smooth experience for all users.
Along with the listing, Bybit is hosting two events—Token Splash for new deposits and a trading contest—to provide users with additional incentives to participate from the outset.
What Are AVL and USDa?
At the heart of Avalon Labs’ ecosystem lie two key assets: the AVL and USDa tokens.
AVL is the native governance token that supports community-driven decision-making and unlocks a range of benefits across Avalon’s ecosystem. The token’s design emphasizes utility within the ecosystem, with a focus on sustainable functionality rather than speculative tokenomics.
USDa is Avalon’s Bitcoin-backed stablecoin. Fully collateralized by Bitcoin, USDa offers users a stable, bank-independent on-chain currency that holds a 1:1 peg to the US dollar. This design enhances Bitcoin’s utility within the financial ecosystem, addressing traditional limitations of Bitcoin in DeFi contexts.
AVL Token Utility
The TGE enables token holders to drive governance, earn fee rebates, and manage token emissions. AVL stakers can vote on decisions—from product updates to protocol adjustments—and receive discounts on core offerings like the USDa stablecoin and CeDeFi lending platforms.
Additionally, AVL holders influence the distribution of token emissions across liquidity pools and incentive programs, supporting a balanced token economy.
Tokenomics at a Glance
Avalon Labs has designed AVL’s token distribution so that the community receives a substantial share through incentives and airdrops, while tokens are also allocated for the treasury, key partnerships, rewards, and the team, with a total supply capped at 1 billion tokens and the circulating amount adjusting with network growth to maintain value.
TGE Key Details
Total Prize Pool: 1,800,000 AVL
The AVL Token Splash Event on Bybit opens February 11, 2025, 10AM UTC, with users completing simple tasks to qualify for token allocation. Tokens are then distributed according to a structured vesting schedule that rewards early participants.
Deposit Event (For New Users Only)
- Task Period: February 11, 2025, at 10:00 UTC through February 25, 2025, at 09:00 UTC
- Task: Sign up and register on Bybit. Next, deposit at least 1,000 AVL into your Bybit Spot account, or deposit 100 USDT and execute a Spot trade of 100 USDT worth of AVL
- Reward: 200 AVL for completing the task
- Listing: AVL will be listed on Bybit on February 12, 2025, at 10:00 UTC
Trading Event
- Trade Period: February 12, 2025, at 10:00 UTC to February 25, 2025, at 09:00 UTC
- Task: Login to your account on Bybit. Achieve a trading volume of at least 500 USDT worth of AVL on Spot
- Reward: Your share of the 800,000 AVL prize pool will be based on your trading volume relative to the total volume (maximum reward capped at 8,000 AVL per user)
Additional Notes
- Results Announcement: February 26, 2025, at 11:00 UTC
- Deposits must be made via the ETH network to your Bybit Funding/Spot Account.
- Only transactions made during the event period count.
- Participants must complete Identity Verification Level 1 by the event end date.
- Rewards will be credited within seven days after the event concludes.
Benefits of AVL Staking
Staking AVL aligns long-term interests by offering stakers rewards, governance power, and fee discounts. Users earn rewards based on Avalon’s lending revenue while gaining influence over network decisions by staking AVL as sAVL. Stakers also enjoy fee reductions across Avalon’s financial products and gain governance rights on reward emissions, fostering community-driven growth.
Staking AVL aligns user interests by offering governance rights and tangible benefits. Users earn rewards tied to platform performance, receive fee discounts, and boost their influence on network decisions by staking AVL as sAVL.
Looking Ahead
AVL’s listing on Bybit boosts liquidity—traders and long-term investors now have enhanced opportunities for staking rewards and governance participation. Avalon Labs is advancing products like USDa and CeDeFi lending with a focus on stability, transparency, and real economic value
About Avalon Labs
Avalon Labs is dedicated to creating a comprehensive on-chain financial hub for Bitcoin. The platform integrates Bitcoin-backed lending, a Bitcoin-collateralized stablecoin, and various financial products designed to enhance utility and governance within the ecosystem.
For additional details, users can visit Avalon Labs’ website or follow their updates on the Avalon X page.
Contact
Jason
jason@avalonfinance.xyz
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