Avantis

Avantis have launched their first season of earning points (XP).

XPs are awarded for actions on the Avantis platform to recognize and reward long-term behavior and regular use of the protocol.


There are two types of XP:
1. Trading XP: Earned for all trading and referral activity on Avantis. 
2. Liquidity XP: Earned based on duration of USDC deposits, and lock duration.

There is also a system of quest boosts that give increased XP gains. More information about it is written on this page.




1. Go to the website and connect wallet. Then switch to the Base network in your wallet.




2. Go to the "Trading" tab, this is where you need to trade your assets.



Trading XP = Referral XP + Volume XP.
Volume XP: Every $1 in volume generates at most 1 volume XP.
Referral XP: Users can also earn referral XP. A referring user will get 10% of the volume XP generated by the traders they refer in the form of referral XP.

Under the "Rewards" tab, you'll be able to bonus rewards for your trading.




3. Add liquidity to one of the available pools in the "Earn" tab.



Deposits: Simply deposit USDC into the junior or senior vault. You will accumulate XP each day. Every dollar invested for 1 day in either vault gives you 1 liquidity XP. Note: Senior LPs are more protected than junior LPs in case of losses, so be careful in choosing the right vault based on your risk-tolerance.

Long-term LPs (locks): Locking capital (in either vault) gives you a bonus of up to 4x more XP vs unlocked LPs. You will be granted these XP after your lock is completed. The XP multiplier will depend on how long you lock for. Note: if you unlock early, you will lose the boosted XP you were supposed to get and pay an unlock fee, so lock responsibly!


4. Track your progress on this page.




5. Grab your referral link from the "Referrals" tab and share it with your friends.