AVLAvalon Token (AVL) Price

1. Project introduction

Avalon Labs is building the premier on-chain financial center for Bitcoin, aimed at revolutionizing the way Bitcoin interacts with global markets. The platform offers a wide range of innovative solutions, including BTC-backed lending, a Bitcoin-backed stablecoin, yield-generating accounts, and even a credit card. 

2. Token application and distribution

Token application

AVL is central to the Avalon Labs ecosystem, offering a range of powerful utilities including staking for rewards, governance rights through sAVL, and fee rebates on Avalon’s USDa and CeDeFi platforms. 

Token distribution

• Community Incentive: 30%
• Airdrop: 20%
• Ecosystem and Treasury: 16%
• Team: 10%
• Advisor: 4%
• Initial Liquidity: 2%
• Investors: 18%