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On 03/24/2025 at 7:00 p.m. (UTC), an AMA session was held on the Avalaunch Telegram group with Caesar Julius — CEO of Stable Jack, to learn about their unique approach to DeFi yield.

Below we present to you an excerpt from AMA with questions and answers.

Avalaunch

Hey everyone, welcome to another Avalaunch AMA! Today we’re joined by Caesar Julius from Stable Jack, where we’ll be diving into the protocol and learning more about what they’ve been building. Hi Caesar, thanks for being here, how are you doing today?

Caesar | StableJack

hey everyone! it is great to be here, as the whole team, we are pretty busy but can’t complain:)

Avalaunch

Amazing! We’re really excited to learn more. Why don’t we start at the beginning. What inspired the creation of Stable Jack, and how did the idea evolve into the product it is today?

Caesar | StableJack

Sextus and I had long discussed building a DeFi protocol. After witnessing the drama of the FTX, the USDC depeg, and the collapse of the LUNA, one thing became clear: people want yield, leverage, and stablecoins. However, the available options were neither sustainable nor truly competitive. The industry lacked efficient, accessible, and robust mechanisms to provide these financial tools at scale. It was when we decided to build Stable Jack.

Avalaunch

Yea, Stable Jack is a really important addition to the continued evolution of the DeFi ecosystem! We’d love to know more about the core team behind Stable Jack. What experiences have brought you all together to build the protocol?

Caesar | StableJack

Sextus and I are twin brothers. Our third co-founder Solomon is a friend of Sextus from college.

I have been in the ecosystem since 2017 and worked for Avalanche native protocols previously.

Sextus has worked for an Avalanche native VC, and a research company before Stable Jack. He is also an advisor to a Turkish bank for their DeFi and tokenization strategies.

Solomon has experience in audit companies previously.

Avalaunch

Wow that’s cool! Sounds like you have lots of native experience, as well as a convergence of experience from the tradfi sector. So Stable Jack is reshaping DeFi yields. Can you tell us more about the core features of the platform and what makes it so powerful?

Caesar | StableJack

Thanks!

Stable Jack allows what the user really needs.

1.  You can access leveraged or fixed yield on stablecoins and blue-chip assets like AVAX.
2.  You can farm airdrops/points program with leverage.
3.  You can long blue chip assets without liquidation.

Bear in mind that all of these opportunities are principal-protected. We believe this is what helps Stable Jack to excel in the market.

Avalaunch

Definitely see how Stable Jack is making DeFi more accessible and making it safer for users as well. To build on that, why is Stable Jack needed in the DeFi ecosystem?

Caesar | StableJack

DeFi isn’t safe, investments are too risky. Stable Jack makes DeFi simple and safer for investors with all types of risk appetite.

• No liquidation risk
• Principal protection
• Fixed yield for stablecoins

Avalaunch

Great to see that Stable Jack’s top priority is making DeFi safer so we can accelerate adoption too. Can you break down how Stable Jack works and how DeFi users can make the most of the platform?

Caesar | StableJack

Basically, each asset has three components. Yield, volatility, and points. What Stable Jack does is put all the collateral assets into a basket, and split these components depending on how the user wants.

• If you want the highest yield, you can buy Yield Token
• If you want to farm airdrops with leverage, you can buy Points Token
• If you want to long any asset without liquidation, you can buy Volatility Token.

Avalaunch

Very interesting, so it offers users a very flexible solution which they can customize to fit their risk strategies. How would you say Stable Jack compares to other DeFi yield protocols?

Caesar | StableJack

Compared to other protocols, there is no maturity date or principal risk on Stable Jack. Also, we allow volatility trading too.

Stable Jack’s model allows us to accept broader types of assets as collateral.

Avalaunch

You’ve put a lot of thought into the JACK tokenomics. Can you dive into your approach and what you’ve implemented to position JACK for sustainable growth?

Caesar | StableJack

Instead of a vanilla airdrop and liquidity mining models, we developed the Discount Tickets model.

In simpler terms; investors are using the product and in return, they collect discount tickets at the end of an epoch, which will give them a JACK allocation and discount to buy JACK cheaper than its market price.

With this model, we prevent sybils and mercenary capital so that real users can earn more. Also, since there is no mercenary capital, the token is distributed to diamond hands which helps long-term holders and stakers because they are not going to be dumped on.

Avalaunch

It’s really great to see you taking such an active approach to designing more effective and sustainable tokenomics. Have seen a lot of people having an open conversation about it now, especially after your article, which I recommend everyone to take a read on! Definitely a step in the right direction.

What upcoming features, partnerships, or integrations can we look forward to in the Stable Jack roadmap?

Caesar | StableJack

We will add new collaterals including BTC, and ETH. You will be able to long these assets without liquidation risk. On the other hand, we will add new stablecoin collaterals.

For new products, we are working on our own AI Agent that will offer a seamless DeFi experience with all of its difficulties being abstracted.

We have several partners. You can see the partner list attached in the photo below.

On the other hand, we will onboard banks and fintech institutions from emerging markets.

Avalaunch

That’s a lot of big updates for the community to look forward to. Excited to see your take on the DeFAI agent angle as well.

With the rise of RWAs and more sophisticated DeFi strategies, where do you see Stable Jack’s impact in the broader DeFi ecosystem?

Caesar | StableJack

RWAs couldn’t get a significant market share yet in DeFi. The reason for that is no real use case took place yet.

Stable Jack unlocks that, and institutions are aware. We are talking with TradFi from all over the world including the USA, Turkey, Brazil, and Hong Kong to tokenize their assets and use them on Stable Jack.

Avalaunch

Very exciting news. RWAs and stablecoins will be key in unlocking the next wave of adoption, can’t wait to see how Stable Jack will be positioned in all of this.

What is your long-term vision for Stable Jack, and how do you hope it will help shape the future of DeFi yield markets?

Caesar | StableJack

Our long-term vision is to make Stable Jack the yield hub of the ecosystem and also become the easiest way to onboard new people to crypto through our consumer app.

Avalaunch

Awesome, congrats on all your achievements so far! Sounds like there is a lot of developments going on in the background.

Ok so now we are moving onto the community part of the AMA! We have selected 10 questions and the first is from @TrinhHoangTC who asks: How does Stable Jack’s tokenized leverage model offer a more efficient and flexible alternative to traditional leverage trading in DeFi?

Caesar | StableJack

thanks a lot! excited to answer all the community questions

Stable Jack’s Volatility Token offers no liquidation, no funding fee, and no scam wicks, which makes it the most reliable and competitive way to long AVAX compared to existing models where the risk of liquidation is very dangerous.

Avalaunch

@Carl0709 would like to know: Can you explain how the Yield Token in Stable Jack provides a USD-pegged, yield-bearing asset and how it interacts with the underlying collateral asset to accrue yield?

Caesar | StableJack

As users exchange the yield and volatility or points of the collateral asset, when a user mints Volatility Token/Points Token, he/she gives up on yield of the asset, which is directed to Yield Token holders.

With this model, we can provide a USD-pegged yield-bearing asset.

Avalaunch

A question from @cryptodate — How does Stable Jack’s governance function? What role do token holders play in key decisions like fee adjustments, collateral expansions, and protocol upgrades?

Caesar | StableJack

There is no active governance on Stable Jack, but in the future, we will allow stakers to choose which assets to list.

Avalaunch

Now we hear from @nb0024 — As DeFi continues to evolve, what future innovations and product offerings can users expect from Stable Jack to strengthen its position in bridging traditional finance and decentralized finance?

Caesar | StableJack

We are planning to add new collaterals and offer new products like RWA assets. Moreover, we are working on our AI agent to simplify whole DeFi transactions.

Avalaunch

@haunguyens asks: How does the protocol ensure capital efficiency when allowing users to mint aUSD against AVAX LSTs, and what mechanisms prevent systemic risks such as under-collateralization?

Caesar | StableJack

The protocol is always collateralized at 1:1 which allows us to prevent under-collateralization. Stable Jack does not provide loans, so there is no undercollateralization risk.

Avalaunch

Question from @trgdoa — Stable Jack has identified Avalanche as its primary chain but has ambitious expansion plans. What factors will influence the selection of additional chains, and how does Stable Jack intend to position itself as a key player in the BTCFi ecosystem and emerging blockchain networks?

Caesar | StableJack

Stable Jack will consider strategic expansion. We will take into place factors such as yield opportunities, BTC dominance, and TradFi connections.

Avalaunch

@KishorArora1011– What risk management strategies does Stable Jack employ to address the challenges of leveraged positions, including stability mode controls and rebalance pools?

Caesar | StableJack

Stable Jack does not manage any position on the protocol, so there is no management risk. All the interactions are done via smart contract.

If the collateralization ratio decreases to a certain threshold, the protocol turns to stability mode and activates the rebalance pool, in which the safety of the protocol is ensured.

Avalaunch

@chrisakas asks: What new features and collateral types, such as yield-bearing stablecoins, LP tokens, and RWAs, have been introduced in Stable Jack v2, and how do they enhance DeFi composability and capital efficiency?

Caesar | StableJack

We utilized rsAVAX and savUSD for now, while rsAVAX offers the highest yield and points exposure for AVAX, savUSD offers competitive and fixed yield for stablecoins.

Soon, we will add new assets such as BTC, ETH, and other yield-bearing stablecoins.

Avalaunch

@DuyTran21 wants to know: Has Stable Jack undergone any third-party smart contract audits, and if so, which firms were involved? What were the major findings and how were they addressed?

Caesar | StableJack

Yes, Stable Jack has been audited by Dedaub, Credshields, Test Machine, SolidityScan and is being actively secured by Hexagate. There were no major concerns, and all findings have been addressed.

Avalaunch

We’ve come to our final community question from @Furkan531 who would like to ask: With the $JACK token launch just days away, what are the key incentives for users to participate early, and how does Stable Jack plan to maintain momentum post-launch?

Caesar | StableJack

We will have revenue sharing utility, so users can basically stake their JACK tokens and earn protocol revenues. Also, since the tokenomics is dependent on demand-based unlocks, there is no supply pressure risk.

Avalaunch

Thanks Caesar for your time! Really appreciate the insights you’ve shared with us today. A reminder for everyone that you have 2 more days to register for the Stable Jack IDO if you haven’t done so already, registration closes on 26 March at 6pm UTC.

Thanks to everyone for tuning in!

Caesar | StableJack

Thank you so much! super excited for the sale.

Introducing Stable Jack

Stable Jack is a DeFi protocol that creates structured financial products, allowing users to earn fixed returns, take leveraged positions without liquidation risks, and maximize rewards from airdrops or incentive programs—all while reducing the costs and uncertainties associated with traditional leverage. With $13M+ in TVL at ATH, over 500 users, and a 70% retention ratio, Stable Jack has already demonstrated strong adoption and user confidence.

By enabling users to trade exposure to yield, volatility, and points across any asset, Stable Jack enhances capital efficiency and offers a safer, more predictable alternative to high-risk trading strategies. With no liquidation risk on leveraged positions, protection from market manipulation, and a focus on sustainable yield, Stable Jack provides a practical solution for traders seeking stability and efficiency rather than chasing unsustainable returns.

Additionally, the ability to speculate on points and integrate seamlessly with major protocols ensures deeper market adoption, making Stable Jack a valuable tool for both experienced and new DeFi participants.

Key Features of Stable Jack

• Fixed Yield – Earn predictable, high-yield returns on stablecoins, no maturity date required.
• Leveraged Yield – Maximize returns on stablecoins and blue-chip assets with the highest market yield.
• Leveraged Airdrop Farming – Gain exposure to airdrops without risking principal.
• Leveraged Long Without Liquidation – Go long on your favorite assets with leverage, no liquidation risk.
• No Principal Risk – Secure high returns while protecting your capital.
• No Maturity Date – Set and forget—your positions remain active.

To achieve these features, Stable Jack uses three types of tokens, each designed to optimize capital efficiency and cater to different risk and reward preferences:

• Yield Tokens (YT) – Provide fixed and variable yield exposure, allowing holders to earn returns while retaining their principal. YT can also be used as collateral in DeFi protocols, enabling yield looping for enhanced returns.
• Volatility Tokens (VT) – Offer leveraged long exposure to collateral assets without liquidation risk or funding fees, making it a cost-effective way to gain upside exposure to price movements.
• Points Tokens (PT) – Enable leveraged farming of airdrops and rewards, allowing users to earn incentives while maintaining exposure to the underlying asset. PT can also be used as collateral for additional leverage.

By combining these tokenized strategies, Stable Jack transforms yield, volatility, and incentive trading into structured financial products, giving users more control over risk and returns in DeFi.

Stable Jack: Solving DeFi’s Biggest Challenges

DeFi lacks structured financial products that balance predictability and flexibility. Stable Jack addresses these major pain points:

• Unstable & Unpredictable Yields – Many DeFi platforms offer variable returns that fluctuate based on market conditions. Stable Jack provides fixed and leveraged yield options for greater control over returns.
• Leverage Without Safety Nets – Most leverage in DeFi comes with high liquidation risks. Stable Jack removes this risk, allowing users to take leveraged positions without the fear of sudden liquidations.
• Lack of Volatility Trading – Most DeFi products focus only on price appreciation, ignoring volatility as a tradeable asset. Stablejack lets users capitalize on market swings, enabling new trading strategies.

Stable Jack brings new ways to manage risk and deploy capital efficiently, making it an essential tool for users seeking structured, predictable, and scalable DeFi strategies.

Comparison Analysis

Stable Jack is based on a pool model (not AMM), preventing impermanent loss & price slippage, making it more efficient for both LPs and investors.

As the DeFi ecosystem matures, the yield market presents a significant opportunity for growth. Innovative protocols will drive the next phase of expansion, offering more structured and efficient solutions.

Stable Jack stands out among yield protocols with its unique ability to provide principal protection, no slippage, and no impermanent loss —a combination that is difficult to replicate. These advantages position Stablejack for strong, sustainable growth as demand for predictable and secure yield solutions increases.

JACK Token Utility

Stable Jack innovates a new tokenomics model, called Discount Tickets. This community-first approach limits token inflation and sell pressure through demand-based unlocks, which benefits the long-term holders. Also, as part of $JACK tokenomics, the protocol will buy back $JACK from the market with the protocol revenues and share the revenue with $JACK holders. 

✅ Demand-based unlocks – No inflationary token emissions, new JACK tokens only enter circulation when there’s a demand.
✅ No unnecessary sell pressure – Rewards long-term holders and users instead of mercenary capital.
✅ Protocol-Owned-Liquidity – enables Stable Jack to raise POL for buybacks, ensuring a sustainable token economy.
✅ Value Accrual to $JACK – Revenue-sharing, buybacks, & airdrops from partner protocols.

Users can buy JACK on the open market or at a discount via the Discount Tickets system. To unlock its full benefits, users stake JACK to receive sJACK, which grants access to the following utilities:

• Revenue Sharing – As Stable Jack grows, sJACK holders receive a share of protocol revenue.
• Fee Rebates – Reduces VT/YT minting and redemption fees based on the amount of $sJACK staked.
• Governance – sJACK holders vote on protocol decisions, community initiatives, and marketing strategies.
• Discounted JACK – Staked users can purchase JACK at a discount, with rates based on their stake amount and duration.

Stable Jack’s utility-driven model ensures that JACK retains long-term value, fueled by real demand rather than unsustainable emissions.

Catalysts For Future Growth

• Chain Expansion – Ethena Network and Hyperliquid 
• RWA Exposure – Partnering with Misyon Bank to accept tokenized Turkish Money Market Fund as collateral, new RWA partnerships are coming soon!
• CeFi Integration – Collaborating with MENA & Turkish exchanges to integrate Stable Jack products
• DeFi Agent – A consumer AI product that automates and simplifies  the DeFi user experience
• Mobile App – Aggregating DeFi products for retail users in the MENA region

Achievements to Date

🏆 Winner of Avalanche DeFi QF by Gitcoin
🏆Ethena Accelerator 2nd Place – Launching on Ethena Network from Day 1
🏆 Helius Labs Startup Launcher
🏆 Sonic BOOM Winner – Eligible for significant Sonic Gems (points) & airdrops

Partners & Backers

“Stable Jack has the potential to revolutionize yield, volatility, and points markets across all assets on Avalanche. As a core building block of Avalanche’s DeFi ecosystem, we’re excited to support their growth and mission.”

— A representative of Blizzard Fund

Team

Official Links

Website | X | DeBank | Discord | Telegram | Docs | Mirror

Stable Jack: Avalaunch IDO

“Avalaunch is one of the most well-known protocols in the ecosystem as they supported OG protocol since the early days of Avalanche and we are super excited to work with the whole Avalaunch team, specifically David and Mark to make this raise a success for the whole community.”

From the Co-Founder of Stable Jack

Funding Numbers

• Angel Round: $1.25M – 8,606,000 (8.606%) at 0.125 USD – 12.5M FDV
• Seed Round: $642,772.00- 4,285,000 (4.285%) at 0.15 USD – 15M FDV
• Public Round:
  • Avalaunch: $200k USD – 1.000.000 (1%) at 0.2 USD – 20M FDV
  • Fjord: $1.25m USD – 6.250.000 (6.25%) % at 0.2 USD – 20M FDV
  • Finceptor: $250k – 1.250.000 (1.25%) at 0.2 USD – 20M FDV
  • Seedify: $300k – 1.500.000 (1.5%) at 0.2 USD – 20M FDV

Supply Breakdown

Total Supply: 100,000,000 JACK

• Team and Advisors – 18M JACK (18%) 
• Post-TGE Discount Tickets – 32M JACK (32%) TGE 
• Discount Tickets – 10M JACK (10%) 
• Liquidity/MM/Exchanges – 6.4M JACK (6.4%) 
• Treasury – 10.6M JACK (10.6%) 
• Angel Round – 8.6M JACK (8.7%) 
• Seed Round – 4.3M JACK (4.3%)
• Public Round – 10M JACK (10%)

Vesting Following TGE

• Team and Advisors – 180 days cliff, 730 days vesting 
• Post-TGE Discount Tickets – 900 days vesting TGE 
• Discount Tickets – 100% unlock at TGE Liquidity/MM/Exchanges – 60% unlock at TGE, 180 days vesting 
• Treasury – 15% unlock at TGE, 365 days vesting 
• Angel Round – 10% unlock at TGE, 365 days vesting 
• Seed Round – 10% unlock at TGE, 365 days vesting 
• Public Round – 100% unlock at TGE

ℹ️  The TGE for $JACK will take place in early April. Please await official announcements from the Stable Jack team regarding the exact TGE date and time.

Other Info

• Initial Liquidity: $500K worth of liquidity on Avalanche — (250k AVAX/250k JACK)
• Initial Circulating Supply (excl. liquidity): 23,945,600.00 JACK
• Initial Market Cap: $4,789,120.00

IDO Registration Schedule

Registration Opens: Wednesday, March 19 at 3:00 p.m. (UTC)
Registration Closes: Wednesday, March 26 at 6:00 p.m. (UTC)

IDO Sale Schedule

Validator Round Begins: Thursday, March 27 at 6:00 a.m. (UTC)
Validator Round Closes: Thursday, March 27 at 3:30 p.m. (UTC)

Staking Round Begins: Thursday, March 27 at 3:30 p.m. (UTC)
Staking Round Closes: Friday, March 28 at 6:00 a.m. (UTC)

Booster Round Begins: Friday, March 28 at 6:00 a.m. (UTC)
Booster Round Closes: Friday, March 28 at 10:30 a.m. (UTC)

How to Participate

To participate in Avalaunch sales, users will have to:

• Complete their KYC Registration | Tutorial
• Stake XAVA to secure their allocation | Tutorial
• Register for the sale when Registration opens | Tutorial

Claiming Your Allocation

Avalaunch IDO participants will be able to claim their $JACK allocation on the Avalaunch platform once the sale period ends.

Refund Policy

We’re offering a 24-hour unconditional refund policy on the Stable Jack IDO, available from the start of TGE. Please note that claiming your tokens during this period will make you ineligible for a refund.

If you do not take any action (neither claim nor refund) within 24 hours, it will be considered a claim, and the refund option will expire.

About Stable Jack

Stable Jack is a yield, volatility, and points market for any asset. Investors can access fixed and leveraged yield, farm airdrops with leverage, and long any asset without liquidation risk.

Since the launch, Stable Jack achieved an 80% retention rate, more than 5000 users and a 20% monthly growth rate.

Stable Jack innovates a new tokenomics model, called Discount Tickets. This community-first approach limits token inflation and sell pressure through demand-based unlocks, which benefits the long-term holders. Also, as part of $JACK tokenomics, the protocol will buy back $JACK from the market with the revenues and do revenue sharing.

About Avalaunch

Avalaunch is a launchpad powered by the Avalanche platform, allowing new and innovative projects to seamlessly prepare for launch with an emphasis on fair and broad distribution. With its values deeply rooted in the early Avalanche community, we are able to offer projects confident, informed users who are aligned with the long-term goals of the rapidly expanding application ecosystem. Leveraging Avalanche’s scalable, high-throughput, and low-latency platform, Avalaunch is built by users, for teams, to help grow strong communities.

On 01/20/2025 at 12:00 p.m. (UTC), an AMA session was held on Avalaunch Telegram group with Jeff Lam — CEO, AIvalanche DeFAI Agents, to learn about how they’re bringing the AI revolution to Avalanche.

Below we present to you an excerpt from AMA with questions and answers.

Avalaunch

Hey everyone and welcome to another exciting Avalaunch AMA! Today we are joined by Jeff Lam from AIvalanche DeFAI Agents — how are you doing today?

Jeff Lam | AIvalanche

Heya Kirbee and everyone in the Avalaunch community!

Very honoured and excited to be here for this AMA

Avalaunch

Amazing, I know everyone has been looking forward to meeting you guys! Let’s jump straight in with our first question — could you share the story behind AIvalanche DeFAI Agents? What inspired its creation and what was the journey like?

Jeff Lam | AIvalanche

So the team and I are definitely inspired by how AI and DeFAI Agents in web3 have been able to capture so much attention with “not just” the different capabilities that AI Agents can do, but also how they could generate and deliver value for their co-owners when we bring in tokenization.

In addition, the fact that the overall AI market is just seemingly only going to grow much larger in the near future.

I share this because the team and myself were definitely first skeptical of AI and AI Agents when we first observe it, but in the past several months since, we now firmly sit in the opposite camp where instead of skepticism, we see potenital.

And that’s why we are looking to build AIvalanche DeFAI Agents

AIvalanche DeFAI Agents is the first AI hub on Avalanche that will allow anyone to easily create, manage, launch and trade tokenized AI and DeFAI agents. Our vision is to make it easy for anyone to easily create, co-own and monetize valauble AI and DeFAI agents and services having to worry about all the technology needed to launch them.

Our goal is to bridge the gap between AI developers and users while ensuring fair compensation and proper governance through blockchain technology.

Avalaunch

Yes, the AI frontier has really been heating up these last few months and it’s amazing to watch everything evolve so rapidly. Great to hear you’re bringing this grand vision to Avalanche.

We’d love to learn more about the team behind AIvalanche. What drives your shared vision?

Jeff Lam | AIvalanche

So the team consists of folks that are first and foremost geeks and tech builders with many years of experience across different technology software businesses and industries.

For myself (co-founder and CEO), I have 15+ years of experience in product development, software engineering as well as sales across consumer as well as centralised and decentrailzed finance. I’ve also had the great opportunity to have experience how scaling a high growth startup in Silicon Valley is like, as well as fundraising in the web3 space.

My partner in crime Hasan is our CTO, and have 5+ years of experience as a full stack and smart contracts developer. He has experience with developing a DeFi protocol that had 50m+ TVL at its peak, as well as building out indexing infrastructure of web3 on-chain data.

He had also developed an AI “Waifu” chatbot product just for the fun of it previously as well 😂

The other members of the team are split across engineering and marketing, and everyone has at least 5+ years of experience in their respective fields. It is also not the first time that the team has worked together.

Anyway, our shared vision is to build products that can help add value to people’s lives.

That could be as simple as optimizing earning yield across DeFi, or in AIvalanche DeFAI Agents case here, to help enable anyone to be able to launch and create their own AI and DeFAI Agents easily.

As shared, initially we all thought that AI is mostly just hype; but as we observed the value that AI has provided to people in 2024, as well as how leveraging on web3 tokenization as a way to help AI Agents monetize or tap into payment rails, we definitely believe that AI and DeFAI has a lot of potential to grow even further to provide even more value for humans, and we are excited to do what we can to contribute to this exciting trend.

Avalaunch

Wow, sounds like the perfect team to explore the potential of the DeFAI sector. It’s cool to see so many crypto natives merge their expertise with everything happening in AI.

AIvalanche DeFAI Agents are set to disrupt decentralized AI. Can you walk us through how the platform works from a user’s perspective and what the core features are?

Jeff Lam | AIvalanche

Essentially, there are 3 things that users can do on AIvalanche DeFAI Agents:

Create, Trade and Interact with AI Agents and their tokens.

Creators can easily create and launch their own customized AI or DeFAI agents with its own token by submitting a form with various configurations and providing initial liquidity and fees in $AVAXAI. There is no external tech setup needed on the creator’s part.

A dedicated page is also created for these AI agents, where anyone can then visit the page to either purchase its’ tokens, or to interact with it via the UI. We would look to have public and private chat UI so users can choose to chat privately or in a public forum.

Depending on the capabilities of the Agent (as managed by the creator), there could be different functionalities exposed here as well.

As more users purchase the agent’s tokens, the agent can eventually “graduate” and be listed in the “Live Agents” section.

This also means that all of the agent’s tokens and liquidity is migrated to a public DEX (such as Uniswap or LFJ on Avalanche), which will allow anyone to trade for its tokens at a lower fee, or even earn fees by providing liquidity for it.

Avalaunch

Great to see your focus on making the deployment of agents accessible to everyone. Can’t wait to see what creators will come up with!

What are the core functionalities of AIvalanche DeFAI agents, and how do they differ from existing AI solutions, perhaps on other networks?

Jeff Lam | AIvalanche

As shared, the core functionalities of AIvalanche DeFAI Agents is to allow anyone to easily create and launch their own customised AI / DeFAI agents along with the agents’ own token, and to allow anyone to purchase or trade these agent tokens as well as interact with the AI Agents.

We aim to differentiate with other AI platforms by:

1) Making it super easy for anyone — especially for non-technical people to create and manage their own custom AI agents with different LLM models

2) Offering more agent capabilities, both off-chain and on-chain, for agents created via our platform, as well as an out of the box user-friendly interface for anyone to interact with these agents

3) Doing the above AND also automatically helping to tokenizez the AI Agent, so the AI agent can potentially have a more effective way to monetise and sustain itself

Avalaunch

Sounds like you’re putting more emphasis on versatility of agents that can be built, that’s really cool. Will be really exciting to see how AI x crypto will evolve on Avalanche when there is such a powerful underlying infrastructure already in place.

How do you see AI agents influencing the future of industries such as DeFi and gaming to provide new opportunities for individuals and organisations?

Jeff Lam | AIvalanche

I really think it has the potential to really change how users interact and tap into DeFi, as well as how people can be constantly entertained, which is what gaming is also all about

Firstly, we already see how AI services have changed how people user the internet: instead of google searches, users now just ask chatgpt to come back with answers and analysis.

And then there is generative AI that helps users to write, create graphic designs and more.

In short, the biggest value that AI offer is helping to execute on tedious/complex tasks easier and better.

With DeFi, the biggest issue hindering its growth has always been the complexity, or at least the impression of it. AI — or DeFAI as the market now terms it — definitely has the potential to change that.

From helping any user to constantly monitor the market and execute trades 24/7, or optimizing yield and balancing a portfolio, DeFAI has the potential to simplify execution and as such onboard even more users and liquidity.

WIth gaming, generative AI that can constantly learn and improve pretty much has the ability to entertain people 24/7.

We have already seen AI influencers and “AIdols” which I believe will only continue to grow, and I believe that any games that have any non-playable characters can simply now leverage AI to make that NPC more dynamic and impactful.

Ultimately, for individuals and organizations, I think the takeaway is to learn how to utilise AI agents to remove tedious tasks so we can be more efficient and save time for either more interesting work for us humans, or to enjoy our short human life 😄

Avalaunch

That sounds like a good plan 😆 and yes, it will be really interesting to see the potential that can be unlocked when the complexities of DeFi platforms can be removed via agents. And of course, gaming x AI is such an unbelievably huge sector. So much potential to tap into there.

The AVAXAI token plays a significant role in the AIvalanche ecosystem. Could you explain its utilities and how it fuels the platform’s growth?

Jeff Lam | AIvalanche

$AVAXAI is required to create a new AI or DeFAI Agent. The AI Agent’s token will be paired with $AVAXAI for liquidity, so when anyone wants to purchase the agent token, they have to first swap for $AVAXAI.

For anyone that wants more advanced support in creation and maintenance of their AI agents, we will also look to offer support while charging fees in $AVAXAI.

$AVAXAI has a deflationary tokenomics with a max supply of 1bn. As the protocol earns fees, the protocol will purchase buy back and burn $AVAXAI from the market.

Avalaunch

A powerful flywheel for the AVAXAI token, awesome!

Community building is pivotal as AI continues to evolve alongside humanity. How has AIvalanche focused on fostering a community that embraces this evolution and encourages collaboration with AI?

Jeff Lam | AIvalanche

Firstly, I believe that one of the strongest way to attract and foster communities — at least initially — is to generate (financial) value for users.. or to entertain them as much as possible 😄

These activities basically captures, retains and growth attention over time. With more attention/people, there will be more people who then naturally get more curious to take the next step to try things out, experiment, innovate, collaborate and more.

Secondly, we have to of course keep improving our platform to not only make it easier for anyone to use, but also to make it more capable.

We also have to implement more activities to encourage and educate users to simply just play around and create their own AI Agents, experimenting with different AI Agent capabilities as well.

This could come in the form of contests or incentives to promote more AI agent creators.

Last but not least, partnerships and collaborations with relevant groups and communities. Being an AI Agent creator platform that aims to allow anyone to create AI agents for different categories, we can be partnering up with DeFi communities or KOLs or games, and even assist them in taking the step to launch their own customised AI Agent with its own token as well for their community members.

Avalaunch

Can’t wait to see you guys bring together all native Avalanche protocols to integrate AI agents in some capacity.

What exciting innovations or features are on the horizon for AIvalanche, according to your roadmap?

Jeff Lam | AIvalanche

The immediate future is to launch our platform shortly after TGE, so people can start launching tokenised AI agents ASAP

And then over the next several months, we will keep adding on more and more capabilities to expand what the AI agents created through AIvalanche DeFAI Agents can do

As per our project’s naming as well, we do want to pay a bit more attention to DeFAI, which is all about AI Agents that can execute on-chain actions.

We want to also potentially explore different AI agent tokenisation and launch models over time to see if there can be different or better methods to help AI agents capture value/monetise.

Last but not least, we are really excited to see how AI Agents can progress to working together in a team — or “AI Agent Swarms” as some may term it.

This can be another huge leap in how AI agents can deliver value to us humans, as it now means that AI agents can work with each other 24/7 in not only their own tasks, but to direct and improve their fellow agents as well, to keep striving for better results and more value.. without the need for a human to keep improving it.

Avalaunch

Nice! That’s a lot that we can look forward to. Especially with the development of swarm tech.

What long-term societal changes could AIvalanche DeFAI agents bring about as AI becomes more prominent in daily life?

Jeff Lam | AIvalanche

Firstly, the democratization of AI: by making it easy for non-technical people to experiment, create and launch their own AI agents with different capabilities as well as having its own token, more people can now harness the capabilities of AI.

This leads to greater innovation being delivered to others with AI from the many, rather than only from the larger corporations.

Secondly, with tokenization being a core component, it offers a way for AI agent creators to monetise their AI Agent creations, allowing for am ore sustainable way to not only keep their AI Agents “alive”, but to also have the resources to improve upon it over time

Thirdly, once again thanks to tokenization, everyone can now be a “co-owner” of AI agents, and be able to participate in its growth as well as help govern the direction of how the Agent improves.

We believe this is what building AI Agents on Web3 fundamentally offers.

Avalaunch

Yes, decentralizing the growth of AI is very important as we move forward. So we’ve come to the final question before moving onto the community section of this AMA! What is the long-term vision for AIvalanche, and how do you hope it will shape the future of decentralized AI and beyond?

Jeff Lam | AIvalanche

As I hopefully have also alluded with my previous answers, we are passionate to build out AIvalanche DeFAI Agents as an AI hub that can contribute to the adoption of AI by making it as easy as possible for anyone to launch, co-own and interact with AI/DeFAI agents with different capabilities

We hope to play a part in helping as many people as possible to launch their own AI Agents — whether for themselves, or for others — and to have a way to monetise them easily too.

Last but not least, with web3 ethos being about decentralization, we see that tokenization literally can enable for this by allowing for decentralized co-ownership and governance of AI Agents.

With distributed ownership of the best AI Agents, we can hopefully see the best used AI agents being managed and directed by a distributed group of people, rather than only by large corporations (as we observe today)

Avalaunch

Awesome, AIvalanche is going to be an integral platform for AI on Avalanche and the broader industry, we’re glad to be on the journey with you!

Our first question is from @rubalsaluja: What unique capabilities do AIvalanche DeFAI Agents — like AI Elon, AI Ninja Turtle, and AI Eliza — offer for automating DeFi strategies and generating viral content? How do these features address the diverse needs of users within the Web3 ecosystem?

Jeff Lam | AIvalanche

“AI Elon”, “AI Ninja” and “AI Eliza” are example representatives of the type of AI Agents that we want to support on our platform.

“AI Elon” represents the potential capabilities fo DeFAI Agents that can help execute on-chain transactions and abstract away complex DeFi actions, such as yield optimization or liquidity management.

“AI Ninja” represents an AI Agent that can help users to potentially trade memes better 😃
By observing social media and on-chain data, an AI Agent which is running 24/7 can potentially help users to trade meme coins more profitably.

Finally, “AI Eliza” represents an agent that is all about entertainment… this could be in the form of AI Influencers on social media, or playing diverse characters in a game.

Ultimately web3 users have many “wants” — generating more value/profits, as well as being entertained are part of these “wants” that AI Agents can serve 🙏

Avalaunch

Next we hear from @Rajanshee: How does the $AVAXAI token function within the AIvalanche DeFAI Agents ecosystem, and what role does it play in enabling seamless interactions between users and AI agents?

Jeff Lam | AIvalanche

I will refer to the answer that I have shared previously:

$AVAXAI is required to create a new AI or DeFAI Agent. The AI Agent’s token will be paired with $AVAXAI for liquidity, so when anyone wants to purchase the agent token, they have to first swap for $AVAXAI.

Effectively, the more demand for AI Agents on our platform, the more we value we hope $AVAXAI can capture!

Avalaunch

A questions from @MaiTuyet97: How do AIvalanche DeFAI Agents ensure accessibility for both novice and experienced users in the DeFi ecosystem? Are there customizable options or educational tools to support diverse user needs?

Jeff Lam | AIvalanche

Our goal with the platform is to first make it as simple as possible for anyone to create their own AI Agents. This means being able to launch one up with by inputting a few details and a few clicks.

At the same time, we also want to offer more capabilities for people to experiment different AI models, as well as improve upon their own AI agents. These capabilities will all be surfaced up in the AI Agent Management page.

Finally, we do see that for very experienced creators, they would likely just prefer to integrate something that they have done that may not yet be possible from our platform just yet. And we are more than happy to assist in that as well as ultimately it’s all about being able to create value.

And yes, we do definitely see that educational guides/materials will be created alongside the product to help make it easier for users to launch their own AI Agents!

Avalaunch

@HeyBroMohsin4 wants to know: How does AIvalanche DeFAI Agents plan to scale its marketplace and attract millions of users in the highly competitive AI and DeFi ecosystem?

Jeff Lam | AIvalanche

Firstly, more awareness. In web3, that also means more distribution of our token. This would mean that we will always explore more listings of $AVAXAI to get more distribution and awareness of the platform.

Secondly, more marketing content to keep being relevant and to get attention. More likely than not, we may have several AI Agents created just for more content creation of our platform 😃

Lastly, partnerships with relevant communities and projects such that we can not just only integrate to them, but also get awareness of their communities of any integrations we have done

Avalaunch

With the IDO taking place on Avalaunch, what do AIvalanche DeFAI Agents expect from the Avalaunch community and what value will they gain from this collaboration? — @ToPratik

Jeff Lam | AIvalanche

We definitely hope to be able to get the full support of the Avalaunch community!

Not just in participating about in this IDO launch, but also in spreading awareness about it, as well as also trying out launching AI Agents when the platform launches 🙏

As an AI agent project that is launching only on the Avalanche blockchain, we are definitely honoured that the Avalaunch team and community is open to collaboration. And we definitely hope to do our best to deliver value to everyone that participates and supports us! 😊

Avalaunch

@RSingh441 asks: Can you elaborate on the marketing strategy for AIvalanche DeFAI Agents? What approaches will you use to attract and grow a larger community?

Jeff Lam | AIvalanche

This question is quite similar to the previous question, so I will refer to it again 🙏

1) Greater token distribution, which can come in the form of more listings

2) More content creation: and we will look to also launch our own AI Agents to help us on this front!

3) Partnerships and collabs with relevant communities and projects — to help not just with integration capabilities for AI Agents, but also bringing more awareness to it

Avalaunch

Will AIvalanche DeFAI Agents’ token include extra functionality like staking or yield farming? Do you have a BuyBack scheme or a Token Burn plan in place to boost your token’s value and attract investors? — question from @Pantojaa01

Jeff Lam | AIvalanche

Yes and yes 😄

For staking/yield farming, we will share more specifics in the future once things are more firmed up 😃

And yes as previously also shared, protocol fees earned will be used to buy back and burn $AVAXAI from the market, and we see this as a way to directly correlate the performance of the protocol to $AVAXAI as well.

Avalaunch

@KAS928 would like to know: Safety and security are top priorities. How does the team plan to address any potential security issues that may arise? Have contingency measures or solutions been developed to handle such situations?

Jeff Lam | AIvalanche

So in our case, there can be two types of security concerns: web3 related, as well as AI related.

For web3, the team having worked on DeFi protocols before has experience on how best to manage these issues: from smart contract audits to setting up operational security processes to utilising monitoring tools, we will look to implement them.

And then there is AI related security as well, which can concern “Ethics of AI Agents”.

As an AI Agent platform, we are definitely taking the direction of progressive decentralisation.

So we will have more oversight at the start for such bad behaviour. As the platform grows larger and gets more activity, just like other web3 platforms, it would naturally be easier to transition to let the community (who can be co-owners via $AVAXAI) and the majority decide on the direction of things such as rules and so on.

Avalaunch

Question from @Jefffel_fire: Can you list 2–3 killer features of AVAXAI that make it ahead of its competitors? What is the competitive advantage that AVAXAI has that you feel most confident about?

Jeff Lam | AIvalanche

The ultimate thing that we want are offering would be for users to easily be able to BOTH launch an AI Agent as well as tokenize and potentially monetise for it, at the same time, via the platform, easily.

And without being technical.

There are platforms out there that could allow users to create their own AI Agents, but often they are locked to just 1 particular AI model or service.

And then there are AI agent protocols that allow users to launch AI Agent tokens, but they do not actually help users to launch their own AI Agent itself — the user is expected to launch, deploy and manage the AI Agent infrastructure themselves.

We are looking to offer both and make it as easy as possible to do so — along with the ability to try out different AI models

Avalaunch

We’re onto our very last question from the Avalaunch community! @anchit00 asks: What is the current primary focus of AIvalanche DeFAI Agents: community building, market/exchange presence, or product development? Additionally, when will the AIvalanche DeFAI Agents’ tokens be listed on exchanges, and which exchanges are being considered for listing?

Jeff Lam | AIvalanche

Definitely all of the above!

But I would rank it first by market/exchange presence, followed by product development and then community building.

This is also because with more market/exchange presence and with a product, we believe the community will naturally come along more effectively.

Avalaunch

Awesome, well thank you so much Jeff for sharing such deep insights into how you’re thinking through everything! Can’t wait to see the platform in action and what the community will create. The AI landscape on Avalanche will be transformed! Very excited.

Avalaunch community — thanks for tuning in and remember to register for the IDO!

Jeff Lam | AIvalanche

Thank you once again for the opportunity to share! And thanks for the work on hosting/moderating too 🙏

Cheers!

Introducing AIvalanche DeFAI Agents

AIvalanche DeFAI Agents stands at the cutting edge of artificial intelligence and blockchain technology, designed to elevate how AI agents interact within decentralized ecosystems. Built on the Avalanche network, AIvalanche introduces a marketplace for AI-driven tools and specialized agents, all underpinned by the high-performance and scalable infrastructure of AIvalanche.

AIvalanche uses specialized LLMs to enable the creation of tailored AI agents. With the advent of Avalanche9000, which is set to usher in a new era of L1 expansion on Avalanche, AIvalanche is strategically positioned to support and capture value across these emerging chains. Its versatile platform is ready to provide AI-driven solutions and services to an expanding ecosystem of L1s, fostering modular chain economics and interoperability.

AIvalanche accelerates content creation, automates engagement, and enhances the onchain experience for users and developers alike. By harnessing the power of the Avalanche network, it seamlessly integrates sophisticated AI agents into DeFi protocols, gaming ecosystems, and beyond. With an ambitious roadmap and long-term vision, AIvalanche is poised to redefine how AI solutions interact within Web3, bridging the gap between AI innovation and everyday usability while fueling the growth of the Avalanche ecosystem.

The Evolving AI Landscape

We are witnessing a paradigm shift as AI and blockchain technology converges, creating synergies and aligning incentives, which can only accelerate this technological revolution. This shift is reshaping how we interact with the world and with each other, marking one of the most transformative eras of our lifetimes. In recent months, AI has evolved at an unprecedented pace, introducing groundbreaking frameworks that are revolutionizing industries, automating workflows, and enhancing everyday tasks. The emergence of AI agents has revolutionized how we interact with technology, optimizing processes and delivering unprecedented efficiency.

As complex AI infrastructures are developed, the initial step has been in empowering individuals and organizations to easily deploy agents capable of streamlining operations and enhancing user experiences. AIvalanche is at the forefront of this transformation, enabling blockchain developers and users to harness these innovations seamlessly.

 

Key Features of AIvalanche

AIvalanche offers a robust suite of tools and features designed to empower both developers and users:

1. AI Agent Marketplace: A hub for AI innovation, where users can create, buy, sell, and deploy specialized agents tailored to their unique needs. These agents are tokenized, allowing users to own, trade, and monetize their creations.
2. Seamless Integration: AIvalanche agents can be effortlessly integrated into Avalanche apps, Telegram, X , and more, enhancing functionality across diverse platforms.
3. Native $AVAXAI Token: The native utility token facilitates transactions within the ecosystem, incentivizing the creation and deployment of AI agents.
4. Specialized AI Agents: AIvalanche has already deployed several specialized agents, including:
   • Meme Lord Agents: Analyze real-time data across Web3 to create memes that dominate feeds, drive engagement, and grow communities.
   • Gamer Agents: Analyze in-game economies, track trends, and unlock strategies to boost earnings and optimize gameplay.
   • DeFi Quant Agents: Decode on-chain data in real time to optimize strategies, track liquidity, and maximize DeFi gains.
5. Developer Tools: A comprehensive set of developer-friendly tools enables rapid integration of AI agents into various dApps, creating frictionless experiences across Avalanche.

AVAXAI Token Utility

The $AVAXAI token is the foundation of the AIvalanche platform, supporting the development of AI-driven applications and capturing value across the growing ecosystem.

Core utilities include:

• Agent Marketplace Transactions: The $AVAXAI token is used for purchasing AI agents and tools in the marketplace. Buyers can also use stablecoins; however, purchases made with stablecoins incur a 3% fee, incentivizing the use of $AVAXAI.
• Staking for Rewards: Users can stake $AVAXAI tokens to earn rewards and gain early access to new AI agents, fostering community engagement and participation.
• Governance and Voting: $AVAXAI holders actively shape the future of the ecosystem by voting on key decisions, such as protocol upgrades and the introduction of new agent categories.
• Bonding Pools with $AVAXAI: To mint custom AI agents, creators must launch a token paired with $AVAXAI on a bonding curve. This mechanism generates buy pressure for $AVAXAI and enhances token liquidity within the ecosystem.
• Liquidity Pairings: All AI Agent tokens created will be paired against $AVAXAI, and as such, users who want to purchase any AI Agent tokens will have to first obtain $AVAXAI.
• Platform Fees: For AI Agents that are also looking for support on hosting and maintaining their agents, the protocol will also charge fees in $AVAXAI for these services.
• Deflationary Mechanism: Fees collected from the Agent Marketplace, as well as bonding pool activity, are used to buy back and burn $AVAXAI tokens. This deflationary model reduces supply over time, increasing token value and sustainability.

Partners & Backers

Team

Official Links

Website | Docs | X | Telegram

AIvalanche DeFAI Agents: Avalaunch IDO

“Working with the Avalaunch team has been an absolute pleasure. The team is highly cooperative, responsive and incredibly thoughtful in every interaction. As OGs in the Avalanche ecosystem, their understanding and ability to execute quickly and effectively is impressive. We are very grateful and appreciative to have the opportunity to collaborate.”

From Co-Founder of AIvalanche DeFAI Agents, Jeff Lam

Funding Numbers

Total Raise: $1.1M

• Strategic Round: 499.1K USD — 217M AVAXAI (21.7%) at 0.0023 USD — $2.3M FDV
• Public Round: 605.8K USD — 233M AVAXAI (23.3%) at 0.0023 USD — $2.3M FDV
  • Avalaunch: 150K USD — 57,692,307 AVAXAI — 0.0023 USD per token
  • Ape Terminal: 355.8K USD
  • Polkastarter: 100K USD

Supply Breakdown

Total Supply: 1,000,000,000 AVAXAI

• Strategic Round: 217M AVAXAI (21.7%)
• Public Round: 233M AVAXAI (23.3%)
• Team: 50m AVAXAI (5.0%) 
• Incentives: 85M AVAXAI (8.5%)
• Development & Marketing: 45M AVAXAI (4.5%)
• Ecosystem: 45M AVAXAI (4.5%)
• Liquidity & CEXs: 300M AVAXAI (30%)
• Partners: 25M AVAXAI (2.5%)

Vesting Following TGE

• Strategic Round: 35% at TGE, 1 month cliff, 3 months linear vesting 
• Public Round: 35% at TGE, 1 month cliff, 3 months linear vesting
• Team: 0% at TGE, 12 months linear vesting
• Incentives: 0% TGE, remaining during week 1
• Development & Marketing: 35% at TGE, 12 months linear vesting
• Ecosystem: 30% at TGE, remaining during week 1
• Liquidity & CEXs: Discretionary unlocks based on listing plans
• Partners: 20% TGE, remaining over 6 months

The incentive and ecosystem tokens are dedicated to fostering engagement, adoption, and growth within the Avalanche AI ecosystem. These tokens will be used to incentivize AI agent creators to launch on the platform and support collaborations with Avalanche protocols to develop protocol-branded AI agents. Additionally, rewards may be provided to communities using these AI agents, ensuring widespread utility and adoption while strengthening the ecosystem.

ℹ️ TGE Date: The TGE for $AVAXAI will take place in January. Please await official announcements from the AIvalanche team on the exact TGE date and time.

Other Info

• Initial Market Cap (excl. liquidity): $498,550
• Initial Circulating Supply (excl. liquidity): 191.75K AVAXAI (19.175%)

IDO Registration Schedule

Registration Opens: Saturday, January 18 at 3:00 p.m. (UTC)
Registration Closes: Wednesday, January 22 at 5:00 a.m. (UTC)

IDO Sale Schedule

Validator Round Begins: Wednesday, January 22 at 6:00 a.m. (UTC)
Validator Round Closes: Wednesday, January 22 at 3:30 p.m. (UTC)

Staking Round Begins: Wednesday, January 22 at 3:30 p.m. (UTC)
Staking Round Closes: Thursday, January 23 at 6:00 a.m. (UTC)

Booster Round Begins: Thursday, January 23 at 6:00 a.m. (UTC)
Booster Round Closes: Thursday, January 23 at 10:30 a.m. (UTC)

How to Participate

To participate in Avalaunch sales, users will have to:

• Complete their KYC Registration | Tutorial
• Stake XAVA to secure their allocation | Tutorial
• Register for the sale when Registration opens | Tutorial

Claiming Your Allocation

Avalaunch IDO participants will be able to claim their $AVAXAI allocation on the Avalaunch platform once the sale period ends.

About AIvalanche

AIvalanche  is the first AI Hub offering a wide suite of AI products on Avalanche. It is the first protocol that allows anyone to create, deploy, manage and trade tokenized AI Agents on the Avalanche blockchain.

About Avalaunch

Avalaunch is a launchpad powered by the Avalanche platform, allowing new and innovative projects to seamlessly prepare for launch with an emphasis on fair and broad distribution. With its values deeply rooted in the early Avalanche community, we are able to offer projects confident, informed users who are aligned with the long-term goals of the rapidly expanding application ecosystem. Leveraging Avalanche’s scalable, high-throughput, and low-latency platform, Avalaunch is built by users, for teams, to help grow strong communities.

On 12/11/2024 at 6:00 p.m. (UTC), an AMA session was held on Avalaunch Telegram group with Adam Zec — President & CEO, of MyStandard, to discover how they’re transforming the talent acquisition industry.

Below we present to you an excerpt from AMA with questions and answers.

Avalaunch

Welcome everyone! Thanks for joining us, we’ve got a really interesting AMA for you today with Adam Zec, CEO of MyStandard — our latest IDO on Avalaunch. Hi Adam, how’s it going?

Adam | MyStandard

It’s soooo busy! In the most thrilling of ways. Thank you for having me here. Hello world.

Avalaunch

It’s great to have you here. I think we should dive right in, can you tell us about your background and the journey that led to the creation of MyStandard?

Adam | MyStandard

I was in talent acquisition for 13+ years and learning about various problems Fortune 500 companies were going through. 3 big issues were how much information companies were exposed to when looking at potential candidates, another was the other was how much data companies were sitting on that wasn’t being utilized and lastly, and most common was how much money was being spent on staffing firms — MyStandard was the solution to all 3 and many more as we built.

We didn’t make the solution and then hunt for the problem. The only way to solve these problems was web3.

Avalaunch

How interesting, definitely one of the first teams we’ve seen tackling these issues. We’d love to learn more about the team behind MyStandard, would you mind sharing more?

Adam | MyStandard

We started off as a very focused web2 talent acquisition product built in web3 so most of the team and greater team has a heavy background and connections there. My cofounder Josh has 22+ years on thee recruiter side and our first hire was an internal counsel who’s brilliant.

We added on Chainlinkgod, Zach, to our team very early to help with the web3 architecture and decision making. He also got me into crypto so it’s awesome to see things come full circle. We continue to add high caliber business professionals to our team as the company vision attracts attention.

We have a true mission driven team now who’ve been together for… 3+ years and some as long as 4+.

Avalaunch

That sounds like a very strongly positioned team you’ve got there, especially with the crypto-native angle. MyStandard is completely transforming the talent acquisition space. Can you give us an overview of how MyStandard works from a user perspective and what makes it so impactful?

Adam | MyStandard

First, think of how it is today… for Linkedin as an example… you add your data to their platform and they decide who gets to see to see it and get paid to share your data. You see nothing and defaulted “yes” to share your data.

In our current MVP, users simply add their info on the android/ios app. Once their profile is determined to be detailed enough they will be searchable by employers. Employers ask the network if there’s anyone who is a FIT for their job, if there is they see how many candidates are available. They can send a data request to those candidates and the candidates respond real-time. If they say yes, they get paid $22.50 in MYST and if they say no, they stay anonymous. A simple, incentived way for people and companies to interact.

We empower our users to say “NO” to sharing their data which is…I think a first and it’s all real-time. END

My ‘e’ key seemingly broke right before this AMA… so forgive me for typing slow. I have to hit it 5 times. No, MyStandard doesn’t fix this problem.

Avalaunch

So for the first time, users are empowered to actually own their data. And monetize it. Very powerful stuff. Can you dig into some of the core features of MyStandard?

Adam | MyStandard

For our users, it’s just easy to use and will continue to get easier. You don’t have to manage a wallet, just connect with a Google/Apple account via Web3Auth. For off boarding, we’ll be working with Beamcash to export to a bank account, or you’ll be able to send your tokens to another wallet.

Upcoming features in the next release, employers can validate data on candidates, candidates can refer friends/family, a resume parser and candidates can broadcast to the network using our token they want to find a new job.

Avalaunch

Great that you’ve made it so easy for non-web3 users as well. That’s really important. So MyStandard is building on Avalanche, can you share with us how you ended up on Avalanche and what your experience has been like so far?

Adam | MyStandard

Avalanche is the adoption chain if you think about it. Gunzilla, the California DMV…Arena. It’s all happening on Avax. MyStandard fits in well here!

Avalanche has the fastest time to finality, low cost and supportive team. They invested in us in 3 different ways and will support our launch, narrative and company expansion. They even will be a client of ours using the MYST token to find talent. It was the best choice. Now Avalanche9000 the upcoming (7 months away tho!) MYST Layer-1 will be easy to spin up and manage. They are the dream chain to build on.

Avalaunch

That’s exciting to hear that MyStandard is so deeply integrated into the Avalanche ecosystem. And yes Avalanche9000 is coming which will be a huge catalyst. A great time to be building on Avalanche. The MYST token plays a pivotal role in your ecosystem. Could you elaborate on its utilities and how it drives the growth of MyStandard?

Adam | MyStandard

In my personal opinion we’re building the biggest flywheel in crypto as various functions of the app use the token.

MYST tokens are part of a very complex mousetrap. In today’s market, all tokens eventually get sold or their purpose is to get sold. We will have people who want to sell tokens and that’s FINE. However…

Here’s all the various ways token are not sold. 1) Companies who buy the MYST token to find talent cannot sell them…only use them over time. If we become 1/10th as big as LinkedIn this would represent $1.5b of token purchases a year from companies. 2) People can stake tokens for a 6% APY and get some voting rights 3) People can use those tokens to court a dream employers, broadcast to the network they are on the market or apply to jobs 4) People will be able to buy goods/services using the MYST token 5) MYST token will be our future gas token

It’s very important if you’re following us to understand how company design and token integration impact supply.

When a company wants to use us for several reasons, it becomes deflationary on the circulating supply. Sometimes it’s temporary and sometimes perm..as if the token was burned.

haha I’d also like to add… that we will be tracking and publishing how many tokens are being held by companies. That’ll be a huge metric for you all to watch.

Avalaunch

Very interesting. Sounds like you have a very intricately designed and well thought-out token economy, as well as strong utilities for MYST. So community building is crucial for any project. What has been your approach on building and engaging the MyStandard community?

Adam | MyStandard

Thus far, it’s been an organic growth strategy where we make friends with other aligned communities like FLD and the Link Marines. We are now putting ourselves out there since our product was recently launched and attending conferences, doing AMAs and more. Our community will get unique app opportunities as we expand. We care about our community but also know that our flywheel will kick in and ease the pressure for the community to grow the token.

I assume people are still digesting my wall of text on the last question. I’ll keep it short and sweet here on out.

Avalaunch

Well we are very glad to be part of MyStandard’s growing community! What exciting developments or features can users look forward to on your roadmap?

Adam | MyStandard

The roadmap is so intimidating (from the POV of the one building it…) but you all should be plenty excited.

I’ve mentioned most upcoming features above but one I haven’t is our work with Chainlink to bring off-chain credentials into your MYST profile. This will expand the capabilities of our platform and value our user’s data immensely. This also moves us into new industries and massive use cases I’m not leaking just yet.

I’ve been in crypto for a long time… most tokens I’m in you can only get excited about new listings…

We have….
New clients logos
New features…
New milestones…
New use cases and industries…
New partners and conferences…

and…

New listings

to all look forward too.

Avalaunch

That is a lot to look forward to! I guess you have hinted at this next question and maybe you’ll have to leave us hanging for a bit longer. Is MyStandard looking to expand to other industries where users can monetize and own their data?

Adam | MyStandard

Yes! Expansion is a huge draw for us. We start in talent but land and expand everywhere. From medical records through advertising — there’s no data use case our platform will miss. We become the blackhole for your personal data.

Our team has modeled out dozens of use cases…even a dating one. o_O ( I didn’t approve it) — point being… it’s a blue ocean for us.

Avalaunch

Wow so you guys really are just getting warmed up. This is huge, the possibilities are endless. Very excited to be part of the journey! Now we’ve come to our final question before moving onto our community section. What is the ultimate vision for MyStandard, and how do you hope it will impact the future of talent acquisition and beyond?

Adam | MyStandard

TY Avalaunch community for your questions.

Ideally, we become the go-to for quickly applying for jobs (complete with instant background check) and being found. However, the ultimate vison is our users BUILD data markets on our data market infrastructure. We have 5%+ of our tokens set aside for the community to profit on making MyStandard a more comprehensive ecosystem. Stay tuned for more on this!

If you haven’t watched… I presented at Summit.

I mentioned “Chainlink is the Oracle Platform where Oracles are built. Avalanche is the Layer 1 where Layer 1s will be built and MyStandard is the Data Market where Data Markets are built.”

Avalaunch

Very nice, thank you Adam! So first we hear from @SigridRhodes — What partnerships or integrations does MyStandard envision to expand its reach and capabilities, and how will these collaborations enhance the platform’s offerings for both users and companies?

Adam | MyStandard

We look at ourselves as the “use-case” for all web3 infra. So we’re always looking for the right tech partners to add. On the web2 side we’re talking to partners who have access to large pools of talent (such as truck drivers!) and incenting them to get their network onboard. We have endless opportunities to pursue there…from employers with large amounts of employees to groups like the NAACP.

Avalaunch

@RochelWalton would like to know — How does MyStandard’s use of blockchain technology revolutionize the traditional recruitment process, and how does it empower candidates to retain complete control over their professional data?

Adam | MyStandard

I think the idea of owning your data is particularly web3. Once web2 people feel the power of having a “choice” to share their info, it’ll make many web3 principles make sense. Our token gamifies the recruitment process for companies a bit too both in how they can earn and engage.

Avalaunch

A question from @noah4198 — Can you tell us about the security measures adopted by MyStandard? What is MyStandard’s status regarding AUDIT? Are your smart contracts audited already?

Adam | MyStandard

Our smart contract is simple and has been audited. It also got a run through by the Chainlink Labs team. A dream part of building in web3 with self-custody wallets is the inherent security you bring with it. User data is also encrypted to provide an extra layer. MyStandard cannot even see your data unless you share it with us!

Avalaunch

@dangnhan9 wants to know — Most users are still not aware of Blockchain and its related projects! So, how does MyStandard create awareness about the platform with non-crypto users too?

Adam | MyStandard

We abstract most of the blockchain in our processes for users and companies. There’s light education but we don’t lean into it. For people and companies it’s just a better experience and talking about our features is sufficient.

You will see lots of media from us in the coming years.

Commercials etc.. we aim to be a common consumer brand.

It’s a very marketable idea and we will have fun with it.

Avalaunch

From @cryptosage777 — Do you plan to promote MyStandard in regions where English isn’t widely spoken? Are there local communities to help people better understand the project? Additionally, what are your plans for expanding into regional languages?

Adam | MyStandard

We will expand outside of the USA in 2025. For non-English countries we then have to make the app and job types speak to the countries we’re in which takes work/time but we’ll get there. 😊

We also have regulatory hurdles to accomplish as we expand but our GC is the man at protecting the company.

Avalaunch

@shruti2102 asks — Can you walk us through the typical hiring process on MyStandard and explain how transparency is ensured at each stage, from posting job openings to selecting candidates?

Adam | MyStandard

Companies filter the type of candidate they want, the system shows how many are available, they make a data request to them and can see the data of anyone who chose to share. Simple as can be. It’s intentionally designed for both our core users, companies and candidates to not disrupt daily habits and be easy.

Avalaunch

@RandeeGaddis — How does MyStandard help businesses save time and reduce costs in the hiring process by eliminating intermediaries, and what specific features of the platform enable companies to pay only for the precise data they need?

Adam | MyStandard

Companies can ask to see partial or full profiles on people — only ask for data they need. We did this by grouping the data up in “MyBlocks” of data. A tribute to our original name.

Contrast that with how it is today… you either buy a license that will expire.. (we don’t expire) or you pay a staffing agency 30% of the first year of salary to make a hire.

We have speed and data fidelity in 1 package + rewards for companies to earn free candidate requests.

Avalaunch

We hear from @gamblecat297 — MyStandard has strong support from investors — can you elaborate on this? How does this backing contribute to user acquisition and product development?

Adam | MyStandard

Ava Labs has supported us from Day 1. However, bringing in Winklevoss Capital opens the web3 world up in a big way. We also found Gaingels to help make network growth and hiring initiatives. Collaborating with Avalanche and Chainlink is a dream for product infra growth. I really feel like having these strong partners is our greatest advantage.

Avalaunch

A question from @RaymundoBui — How does MyStandard address potential privacy concerns related to user profiles while maintaining the integrity and effectiveness of its matching system for companies and rewards?

Adam | MyStandard

We don’t let a company know anything about you until you share your information. After that, a company will have the opportunity to engage with you in real time.

You’ll also have a trust score which allows the system to self-regulate, like Uber, so companies work with good actors on the site, only.

Avalaunch

And now we have our final question from @nikki207 — Does MyStandard have an active referral or ambassador program to help attract new community members? Additionally, could you share the official social media links for joining the community?

Adam | MyStandard

Version 1.2 of the apps will have a nuanced referral function! I can’t wait to show it off. Think of a ponzi scheme without the fraud.

Also there will be country-wide token rewards for helping us test out the network. Get setup today in the USA.

https://x.com/MyStandardDotIO
https://t.me/MyStandardTG

USA App Store:
https://apps.apple.com/us/app/mystandard/id1636354867
https://play.google.com/store/apps/details?id=io.mybe.mystandard&hl=en-CA

Aside from our own roadmap, holding onto our token will help when we ask our holders to influence our expansion roadmap. 😉

Avalaunch

Wow amazing stuff! Thanks @MYST_ADAM for a really interesting AMA and thanks to the Avalaunch community for tuning in! We definitely learned about about your vision and can’t wait to see what unfolds in the next chapter.

Adam | MyStandard

Thank you for allowing me to chat with you all. I hope to see you in our community and happy to chat anytime.

Introducing MyStandard

MyStandard is a pioneering platform designed to transform the professional landscape by facilitating meaningful, transparent connections between job candidates and businesses. With a focus on authenticity, fairness, and user empowerment, MyStandard enables both individuals and companies to thrive.

At its core, MyStandard integrates professional identity, data ownership, and community-driven governance. By prioritizing transparency and aligned incentives, the platform ensures every participant benefits from their contributions to the network.

Transforming Professional Networks

Traditional networking platforms often prioritize growth over user success, offering superficial connections, irrelevant opportunities, and monetizing user information without transparency. This leaves professionals feeling like mere data points in an algorithm-driven system.

MyStandard takes a fundamentally different approach. Built on Avalanche, it empowers users with ownership of their professional data, fostering trust, privacy, and mutual benefits. By enabling authentic, value-driven connections, MyStandard redefines professional networking for real-world impact.

For Candidates

MyStandard empowers professionals to take charge of their career journeys with features that prioritize data ownership, transparency, and meaningful opportunities.

• Data Ownership and Privacy: Take control of your professional data. Decide who can access it and under what terms, ensuring privacy and autonomy.
• Earn Rewards: Share your data with potential employers and receive direct compensation, turning your information into a valuable asset.
• Discover Opportunities: Stay informed about job openings that are tailored to your skills and experience, connecting you with employers seeking your unique expertise.
• Transparency and Security: Blockchain technology ensures your data is managed securely and transparently, giving you confidence in every interaction.

MyStandard makes networking more rewarding, secure, and personalized for candidates.

For Businesses

MyStandard revolutionizes talent acquisition by providing businesses with efficient, secure, and cost-effective tools:

• Efficient Talent Acquisition: Discover the right candidates faster, saving time and resources with verified, blockchain-authenticated data.
• Reduced Costs: Eliminate the need for expensive intermediaries, paying only for the specific data you need.
• Access to a Wider Talent Pool: Connect with a broader range of professionals, including passive candidates who may not be actively job hunting.
• Enhanced Data Security: With decentralized storage, your company benefits from reduced risk of data breaches and greater integrity in candidate information.

For businesses, MyStandard streamlines hiring and builds stronger teams with greater efficiency and security.

MYST Token Utility

The MYST token serves as the cornerstone of MyStandard’s ecosystem, offering a range of utilities that enhance user engagement and network functionality:

1. Incentivizing Data Sharing: Users are rewarded with MYST tokens for sharing their professional data with companies, promoting active participation and data availability.
2. Encouraging Data Authentication: Companies earn MYST tokens by verifying and authenticating user work histories, thereby improving the network’s data integrity and reliability.
3. Staking Rewards: Both users and organizations can stake MYST tokens to earn additional rewards, fostering long-term commitment and network stability.
4. Governance Participation (Roadmap): MYST token holders will be able to influence the platform’s development and direction through a soft governance model, ensuring that the network evolves in line with user needs and preferences.
5. Engagement with Companies (Roadmap): A planned feature will enable users to use MYST tokens to engage directly with companies they are interested in, creating personalized networking opportunities.
6. Payment Mechanism (Roadmap): In future updates, MYST tokens will serve as a medium for transactions, allowing users to buy goods and services from participating companies.
7. Network Security and Validator Rewards: Organizations can secure the network by staking MYST tokens and earn validator rewards.
8. Candidate Announcements (Roadmap): A future feature will allow candidates to use MYST tokens to broadcast their availability to the network, attracting interest from potential employers.

Team

Partners & Backers

“MyStandard solves a problem for both recruiters and candidates by enabling better matching between open roles and qualified applicants in a web3 environment while making it frictionless for enterprises to use. We are excited to see MyStandard go live on Avalanche, serving the entire talent and recruiting industry.”

— Lydia Chiu, SVP of Corporate Development, Ava Labs

“We have strong confidence in MyStandard thanks to its innovative approach to solving inefficiencies in the talent acquisition market with a secure, cost-efficient, and decentralized solution. The combination of a robust technology stack, strategic partnerships, and an experienced team positions it well for substantial growth and we are delighted to be supporting them on its exciting journey.”

— Ömer Demirel, General Partner, ThreePointZero / Director Avalanche Foundation

Official Links

Website | X | Telegram | Linktree

MyStandard: Avalaunch IDO

MyStandard on working with Avalaunch:

“Since meeting Dave from the Avalaunch team our entire launch strategy has become more confident and clear. Avalanche is a key investor and partner for us so it’s a natural fit to work with the leading launchpad on the chain. We never doubt that everything is done with the best intent of our company.”

— Co-Founder, and CEO, Adam Zec

Funding Numbers

Total Raise: $3.3M

• Seed round: 1.27M USD — 34.38M MYST (3.44%) at 0.038 USD — $38M FDV
• Private round: 607K USD — 16.94M MYST (1.69%) at 0.0358 USD — $35.83M FDV
• Public round: 500K USD — 15.51M MYST (1.52%) at 0.033 USD — $33M FDV
  • Avalaunch: 250K USD
  • Seapad: 250K USD
• Republic:
  • Reg D: 171K USD — 6M MYST (0.6%) at 0.0285 USD — $28.5M FDV
  • Reg S: 744K USD — 24M MYST (2.4%) at 0.031 USD — $31M FDV

Supply Breakdown

Total Supply: 1 Billion MYST

• Seed round: 34.38M MYST (3.44%)
• Private round: 16.94M MYST (1.69%)
• Product Incentives: 400M MYST (40%)
• Validators: 250M MYST (25%)
• Public: 15.15M MYST (1.52%)
• Team: 110M MYST (11%)
• Treasury: 20M MYST (2%)
• Airdrop: 5M MYST (0.5%)
• Airdrop 2: 5M MYST (0.5%)
• Republic – S: 24M MYST (2.4%)
• Republic – D: 6M MYST (0.6%)
• Liquidity: 63.5M MYST (6.35%)
• Grants: 50M MYST (5%)

Grants, Treasury, Validators and Product Incentives are used after unlock at the discretion of the company for specific initiatives and are not distributed into the market linearly (73% of the overall supply). These tokens are also never market sold by MyStandard.

This allocation strategy is designed to support steady growth, and align incentives across the MyStandard ecosystem–as such, the majority of the supply (>75%) is unsellable by MyStandard and can only be used as incentives to drive deeper corporate and user adoption over 10+ years.

Vesting Following TGE

• Seed round: 6 month cliff, 1 month vesting
• Private round: 2 month cliff, 10 months vesting
• Product Incentives: 13 month cliff, 200 months vesting
• Validators: 13 month cliff, 150 months vesting
• Public: TGE 100% Unlocked
• Team: 12 month cliff, 36 months vesting
• Treasury: 13 month cliff, 48 months vesting
• Airdrop 1: 4 month cliff, 1 month vesting
• Airdrop 2: 7 month cliff, 1 month vesting
• Republic – S: 1 month cliff, 1 month vesting
• Republic – D: 12 month cliff, 1 month vesting
• Liquidity: Up to 50% at TGE, 1 month vesting, discretionary upon listing plans
• Grants: 24 month cliff, 48 months vesting

The TGE will take place shortly after the sale ends, please await official announcements from the MyStandard team.

Other Info

The proceeds from the IDO will be used to bootstrap liquidity. MyStandard are also going to be providing liquidity at a premium over the IDO price. The circulating supply will consist solely of tokens from the respective IDOs.

• Initial Market Cap (excl. liquidity): Max $500K
• Initial Liquidity: 100% of IDO Funds 
• Initial Circulating Supply: Max 1.52%

IDO Registration Schedule

Registration Opens: Friday, December 6 at 3:00 p.m. (UTC)
Registration Closes: Thursday, December 12 at 6:00 p.m. (UTC)

IDO Sale Schedule

Validator Round Begins: Friday, December 13 at 6:00 a.m. (UTC)
Validator Round Closes: Friday, December 13 at 3:30 p.m. (UTC)

Staking Round Begins: Friday, December 13 at 3:30 p.m. (UTC)
Staking Round Closes: Saturday, December 14 at 6:00 a.m. (UTC)

Booster Round Begins: Saturday, December 14 at 6:00 a.m. (UTC)
Booster Round Closes: Saturday, December 14  at 10:30 a.m. (UTC)

Refund Policy

We’re offering a 48-hour unconditional refund policy on the MyStandard IDO, available from the start of TGE. Please note that claiming your tokens during this period will make you ineligible for a refund.

How to Participate

To participate in Avalaunch sales, users will have to:

• Complete their KYC Registration | Tutorial
• Stake XAVA to secure their allocation | Tutorial
• Register for the sale when Registration opens | Tutorial

Claiming Your Allocation

Avalaunch IDO participants will be able to claim their MYST allocation on the Avalaunch platform once the sale period ends.

About MyStandard

MyStandard is a first of its kind incentivized data marketplace where users own their data, share their data for payment and will be connected with employers real time about prospective job openings all from their phones. Companies buy and use the $MYST token to connect with talent who are incentivized, but not required, to share their info. MyStandard aims to connect all data related to who we are as people to your profile and by enriching the profile, we create more opportunities to earn.

About Avalaunch

Avalaunch is a launchpad powered by the Avalanche platform, allowing new and innovative projects to seamlessly prepare for launch with an emphasis on fair and broad distribution. With its values deeply rooted in the early Avalanche community, we are able to offer projects confident, informed users who are aligned with the long-term goals of the rapidly expanding application ecosystem. Leveraging Avalanche’s scalable, high-throughput, and low-latency platform, Avalaunch is built by users, for teams, to help grow strong communities.

On 6/19/2024 at 5:00 p.m. (UTC), an AMA session was held on Avalaunch Telegram group with Gavin Hasselbaink — Co-founder & CBDO, DeltaPrime, to dive into the inner workings of the protocol and explore what they envision for the future of DeFi.

Below we present to you an excerpt from AMA with questions and answers.

Avalaunch

Hello everyone and welcome to another exciting Avalaunch AMA! Today we are joined by DeltaPrime co-founder, Gavin Hasselbaink — how are you doing today?

Gavin | DeltaPrime

gmgm doing well, thanks for having me!

Avalaunch

Awesome! Ok let’s get right into it 🙂 We’d love to know a bit about yourself and how you came to build DeltaPrime!

Gavin | DeltaPrime

For sure! I’m Gavin. And I’m one of three DeltaPrime cofounders. I met the rest of the founding team back in December 2021, while solo-traveling Europe (bull market throwbacks). I was supposed to leave Sicily after a week, but got stuck for a month due to unforeseen circumstances. On the second to last day I met Piotr and his group of friends on a rooftop bar. Since I was living off of DeFi and Piotr (DP CEO) recently started working on a new web3 idea, the conversation quickly moved to DeFi and lending. Everyone knew that overcollateralized lending was extremely inefficient, and lots of people were trying to solve it. Avalanche was doing great due to it’s capital efficiency, which allowed us to use smart contracts as escrow accounts (otherwise extremely expensive). So the idea of DeltaPrime was born, aiming to leverage exactly that 🙂

Avalaunch

Nice! That’s a cool origin story. Could you tell us more about the team behind DeltaPrime?

Gavin | DeltaPrime

Yess, founding team consists of three people, Piotr (ceo), Kamil (cto) and me (cbdo). My background is primarily in communication, although I had been trading anything from stocks to forex to crypto before I met the others. Then there is Kamil. He is CTO at DeltaPrime, due to his extensive experience (he started coding at 7). He led a 20-headed team at HSBC before founding DeltaPrime. Lastly there is Piotr, CEO. He came previously from Redstone, where he, together with Redstone’s founder fantasized about a new type of lending. He has both extensive development experience (mainly frontend) as well as business experience, and is a bridge between the worlds of me and Kamil. There are 13 other teammembers, each of which provide insurmountable value to the protocol.

Avalaunch

Wow a solid all-rounded team! You guys have achieved so much with DeltaPrime and it’s only the beginning. DeltaPrime is playing a key role in shaping the growth of DeFi, can you give us an overview into the core goals of the platform?

Gavin | DeltaPrime

Thanks! Our core goal is to unlock liquidity from overcollateralized lending protocols. The capital efficiency of a overcollateralized protocols like Aave, leads to billions of dollars being trapped from almost every chain, Avalanche too, still has a ton of liquidity being unused. On DeltaPrime we allow users to demand capital, without being forced to lock extra capital up. This leads to higher cashflow throughout the whole ecosystem, as well as deeper liquidity in partnerprotocols like Trader Joe, in turn allowing for larger trades with lower slippage to be made on the chain.

Avalaunch

Amazing, DeltaPrime is solving a lot of challenges in DeFi and is doing a big part in taking decentralized lending/borrowing a step further. Since your deployment on Avalanche in January 2023, you’ve attracted $42M+ in TVL and unlocked $20M+ in liquidity — an amazing achievement! Can you dive into your strategy to building TVL and how you plan to continue this impressive growth?

Gavin | DeltaPrime

It has been some time hasn’t it 😄 At the end of the day we have two types of users, and we tailor our product to their unique goals and expectations: Depositors and borrowers. Depositors have two main goals: 1. Security, 2. Simplicity. We have invested heavily in the security of our platform straight from day one. https://docs.deltaprime.io, under the header security, shows a range of security features we have (including 7 audits, insurance pools, oracle & no-oracle solutions). Borrowers want to have freedom of investment: The more protocols we integrate, the more strategies that can be created. DeltaPrime is created in a way we can scale infinitely, so the value of DeltaPrime will exponentially scale as we develop.

Security docs – docs.deltaprime.io/protocol/security

Avalaunch

Yep simplifying DeFi and making it accessible to all users is super important. On DeltaPrime, users can deploy their collateral and borrowed funds into a wide range of DeFi protocols. Can you explain what some of the requirements are for a project to be whitelisted and integrated to the platform?

Gavin | DeltaPrime

Yeah so as you might have guessed from the previous answer, first and foremost: security. While we can’t guarantee an underlying protocol will never be exploited, we do have an extensive security audit, requiring, amongst other things: code audits, multisigs, timelocks as well as the assets staying liquid. Second up is user demand. We recently created a channel in our Discord, allowing users to share with us what they want to see in DeltaPrime. If there there is a ton of demand for a product or integration, and it’s safe, we are very likely to integrate it.

Avalaunch

Great, and making sure protocols put security first also creates a benchmark for the wider DeFi ecosystem. Your economic model has been designed to enable the protocol to sustainably grow whilst rewarding loyal supporters. Can you share more about the PRIME token and its role within the ecosystem?

Gavin | DeltaPrime

Diving into PRIME: PRIME itself is the base token. An ERC20 necessary to create sPRIME. It’s demand therefore also primarily flows from the demand of sPRIME. There is a lot I can say about both tokens, but focusing on sustainable growth + rewarding loyal supporters, I’ll zoom in on Community Owned Liquidity (COL) + locked sPRIME airdrops.

COL is liquidity that is put up as DEX liquidity by the protocol. It allows larger players to enter with lower slippage. This liquidity is community owned with a 30d timelock, and will only be used to create locked sPRIME, if the PRIME price moves up. The majority of this COL (which turns into AVAX) will be matched with new PRIME and airdropped to users based on hitting certain milestones. It can be used for a wide variety of usecases, except redeeming it for the underlying, ensuring it will keep providing liquidity on the market benefitting the wider ecosystem.

Good to note: The existence of locked sPRIME does not mean all airdrops necessarily will be locked. While this is the most sustainable, we do have plans for unlocked airdrops, but only for our real users pushing the platform 😉

And in the future I definitely expect governance to decide that what initially was locked sPRIME will now be airdropped as unlocked sPRIME. Those with the voting power (not the team) will have to make that decision though. (more on voting power as well as tokenomics can be found in our docs at https://docs.deltaprime.io/tokenomics )

Avalaunch

Thanks for the insight on PRIME (Avalaunch IDO currently live!) How do you see the DeFi space evolving and what are some of the biggest challenges that must first be solved?

Gavin | DeltaPrime

I would love for different verticals to come better together in the future. The way DeltaPrime is used right now for example, is solely within the DeFi ecosystem, but ideally you’d be able to get a loan for a Schrapnel weapon skin, or some metaverse villa. You know, the things you are happy to pay for. Before we get there though, either the whole space needs to use its liquidity more efficient, or we need to get a lot more normies educated about DeFi in order for them to put liquidity in (as the main reason we can’t expand to NFTs and Gaming yet is just a lack of liquid markets).

Avalaunch

Interoperability across verticals, loads of things that could be built there. Thanks for your take on that, great to hear it first hand from the DeltaPrime team!

Ok so now we move onto the community section of the AMA! We’ve chosen 10 questions that our community want to know the answers to!

Avalaunch

First up we @uyenlunan — have DeltaPrime uses Dedicated Smart Contracts (DSCs) for managing borrowed funds. Can you detail how DSCs work and their role in the protocol’s security and liquidity management?

Gavin | DeltaPrime

Yessir: Each DSC (Prime Account) is a separate smart contract that is the effective owner of both the collateral as well as the borrowed funds. While solvent — only the DSC owner is able to interact with the contract. This enables us to avoid mixing users’ funds, clear on-chain accounting, easy verification that you know exactly where your funds are as well as more effective active anti-exploit monitoring of individual Prime Accounts and the protocol as a whole.

It acts essentially as an escrow: you can use the DSC to interact with a variety of protocols, unless your account becomes insolvent, then liquidation bots can access the DSC to liquidate funds

Gavin | DeltaPrime

Difference between DSC and the Prime Account (PA) being that the PA essentially is the visual representation of your DSC.

Your DSC you can find and monitor on-chain.

Avalaunch

Now we hear from @Drtrader08 who wants to know — How does DeltaPrime plan to collaborate with other projects within the Avalanche ecosystem? Are there any upcoming integrations or features that the community should be excited about?

Gavin | DeltaPrime

If you know DeltaPrime, you know that we focus extensively on partnerships (with now 2 “Months of the partnership” behind us). We partner up with any protocol that’s safe, in demand and that we can therefore integrate into the DeltaPrime platform. While we have a couple very exciting partnerships coming up, I’m racking my brain rn, thinking of which ones we have announced already…

Ah! Most exciting one right now on Avalanche is definitely with Gogopool!

It’s missing an “n”, but you get the gist. They’re incentivising ggAVAX on DeltaPrime right now with 500 GGP per month 🔥: Tweet the published just now:https://x.com/GoGoPool_/status/1803476759196975277

We’ll announce some more over the next weeks 😉

Avalaunch

Very nice 😀

What specific advantages does the Diamond Beacon Proxy pattern offer for DeltaPrime’s scalability and future-proofing, and how does this pattern function within the protocol? From @VictoriaLuther199

Gavin | DeltaPrime

The Diamond Beacon Proxy (DBP) pattern allows DeltaPrime to add an unlimited number of integrations and to manage/remove current/old ones effectively. It also allows us to innovate and deliver new functionalities (not strictly with integrations only) without the need for major V1->V2 upgrades that would require users to move to a new version to get new functionalities in (think for example about allowing GGP to get their incentives in easily). Additionally, it allows for lower gas usage when setting up your Prime Account.

Within the protocol itself each tx to your PrimeAccount gets routed through the central Diamond contract that serves appropriate implementation contract. The implementation contracts are shared between all Prime Accounts guaranteeing same experience for all of our users whilst maintaining the PrimeAccount DSC separation so that each PA holds only the funds belonging to a given user.

ELI-Niels: scale fast, scale infinite (allowing us to move into those other verticals within the same PA if we wanted to)

If you are technical, check out this video from our CTO btw. It was on Avalanche Summit II that we found out he has a hidden talent for public speaking: https://www.youtube.com/watch?v=hB3f-DueXHc&t=2s

All about the DBP.

Avalaunch

Got it, thanks for that!

We have a question from @gamblecat297 – What is your vision for Delta Prime and how do you see Avalanche’s future?

Gavin | DeltaPrime

I’d revert to my previous answer: DeltaPrime is to:

1. Become the central bank in DeFi, allowing different forms of leverage and strategies that right now aren’t available anywhere else (making great progress there)
2. migrate into other popular verticals. The DBP allows us to go pretty much anywhere, so it gives us a ton of flexibility for whatever the next hype is gonna be.

As for Avalanche’s future, I remember Avalanche shining when Crabada turned the lights off. Smt similar had happened on BSC about a year before that, and that was only resolved once the BSC game had closed its doors, Crabada just needed to create their own subnet

Avalanche really shines when the bull is there. It’s amazing technology which just didn’t really have the chance to show its best self these past years. I expect that to change again as soon as the next bull comes

And whether that will be in Gamify, DeFi, points or a completely new vertical, we’ll be there 😉

Avalaunch

Yes a lot of technical innovation happening on Avalanche, we’re very excited!

Can you explain the concept and functionality of the Prime Account in DeltaPrime, and how it empowers users to manage their capital efficiently? From @BonitaLozano

Gavin | DeltaPrime

Ahh yeah so the PA is essentially the same as the DSC which I addressed here. The difference that we make is that the PA is your visual representation (the app you see) while the DSC is the contract you see on chain. But it comes down to the exact same thing.

The capital efficiency really comes from DeltaPrime, through the use of these escrow accounts, being able to liquidate liquidity, without having to trap it in some useless vault. Instead you can provide liquidity to our partners, benefitting both Avalanche and yourself. That’s why you experience it as undercollateralized (you put up $30, but yield on $80) while the PA just has $80 to secure $50 worth of debt

Avalaunch

A question from @SenaidHughes — DeltaPrime claims to enable users to borrow up to 5x their collateral. What are the underlying mechanisms that support such high leverage, and how does the platform manage the associated risks to prevent defaults and liquidations?

Gavin | DeltaPrime

It’s a combination of what I described above (coming down to:); All assets in the escrow can be liquidated to underwrite the risk, whereas in traditional lending markets only the ‘collateral’ can be used, while the borrowed funds are out of the platform’s control.

Together with management on individual assets and vaults. So not every asset has 5x borrowing power (amounting to 6x leverage). The borrowing power of an asset, or LP can be adjusted based on a combination of that assets:

– price feeds on the market
– liquidity within the ecosystem
– volatility over the past 365 days

Next to the Borrowing Power (BP), also the max exposure to either a protocol or the asset can be adjusted to manage risk

We also have some backup plans, take for example third party monitoring by hexagate or $2.3M+ insurance by DeltaPrime / Atomica, but so far (while it’s crucial we keep both), insurance has not been necessary for any real amounts.

Avalaunch

Thanks for breaking that down.

DeltaPrime’s team comprises individuals with diverse backgrounds in programming, business, and development. How do the unique skills and experiences of team members like Piotr Duda, Kamil Muca, and Gavin Hasselbaink contribute to the platform’s success and innovation? From @NilsaTellez50

Gavin | DeltaPrime

Right now we have been working together for almost 3 years. All of us have some programming experience, but Kamil is an expert on this topic. All of us have understanding of efficient communication (in one form or the other) but this is where my expertise lies. Piotr knows how to bridge the gaps.

We each have our own teams, but every important decision, we discuss together. Having worked together for this long, this intensely, we know each other’s strengths and challenges, allowing us to not waste time on unnecessary discussions, while still be able to challenge each other’s ideas, when necessary.

What does help is that we are extremely aligned in our thinking though. Honestly, for a team that came together as random as we got, it’s insane how much our values align😅

Avalaunch

It was meant to be!

A questions from @tripham8 — Will DeltaPrime’s token include extra functionality like staking or yield farming? Do you have a BuyBack scheme or a Token Burn plan in place to boost your token’s value and attract investors?

Gavin | DeltaPrime

Hahah reaaally tricky question legal wise

I honestly don’t think I should answer this. I’ll refer to our tokenomics: https://docs.deltaprime.io/tokenomics

Avalaunch

We understand!

Could you please share the key priorities outlined in DeltaPrime’s roadmap for the near future? From @Siddhant0811

Gavin | DeltaPrime

Ah, and I’ll recommend to read our ethos. Our main goal is sustainable growth of the platform, and we use every tool that we can to achieve that

As for this one:

Key priorities in our roadmap for the near future is growth and development. Next to the normal integrations, we have some major innovations that have not been seen in the web3 space before (including on DeltaPrime). We will partner up for this with some major protocols (at least 1 $1B+ protocol) to help us push this.

Short term that’s growth and development 😉

Avalaunch

Exciting stuff! Ok we’re onto our last community question and this one is from @Sandy_belcher_97 — Marketing is a significant factor for every project. What’s DeltaPrime’s plans for attracting users towards the project ecosystem?

Gavin | DeltaPrime

About 2 months ago we hired a Head of Marketing for DeltaPrime (can you believe we had no marketing team before this 🫠), who has been using the past 2 months to get up to speed and set up a 5-headed marketing team live today. They have been creating a ton of content, which is very closed to being pushed.

More long term I believe that marketing, while important, is not as important as a solid reputation. Our growth so far, while good, has been held back by massive whales “waiting and seeing” if we would be exploited. This is something that only time (and rock solid security) can solve.

So short term: bunch of marketing coming up; long term we attract users by keep offering what we have been offering for the past 1.5 years

Avalaunch

And there you have it, thanks so much for your insights! Big congrats again on everything you’ve achieved until now but it looks like you guys are just getting warmed up.

Avalaunch community — don’t forget to register for the PRIME IDO! ⏰

Thanks so much Gavin — it’s been a pleasure! And thanks everyone for tuning in. See you for the next one 🥳

Gavin | DeltaPrime

Whoop whoop! Thanks for having me 🙌

Lovish | Avalaunch

Interesting AMA, glad to have you here, Gavin.

Gavin | DeltaPrime

I’ll be sticking around btw, so feel free to ask follow up questions either here or in our Discord (link in FAQ on our landingpage)🫡

 

DeltaPrime Overview

DeltaPrime is a trustless lending and borrowing platform deployed on Avalanche and Arbitrum serving as a key pillar in the ever-evolving DeFi landscape. It allows users to borrow up to 5x their collateral to use in integrated DeFi protocols, acting as a unified gateway into the DeFi ecosystem. DeltaPrime greatly improves capital efficiency by enabling users to invest their borrowed funds together with their full collateral. This contrasts with traditional lending/borrowing platforms that require users to lock up their collateral, resulting in billions of dollars in TVL sitting idle instead of being put to use. With access to a wide range of integrated DeFi protocols, DeltaPrime empowers users to create custom strategies to match their risk/reward preferences.

Since DeltaPrime’s launch in January 2023 on Avalanche, it has integrated Avalanche’s top DeFi protocols, amassing an impressive $42.9M in TVL, whilst unlocking $20+M in liquidity. DeltaPrime is pivotal in creating a unified DeFi experience, empowering users and driving the growth of the DeFi ecosystem on both Avalanche and Arbitrum.

Key Features of DeltaPrime

DeltaPrime’s goal is to create a DeFi portal which gives users a highly flexible and intuitive experience which is underscored by its commitment to security. Its innovative architecture has several core features which contribute to the safety and efficiency of the platform.

Dedicated Smart Contracts

On DeltaPrime, a user’s borrowed funds are sent to a dedicated smart contract, which is solely owned by the user. At the same time, this unique setup allows DeltaPrime to safeguard the protocol through necessary liquidations, independent of the protocol the user is interacting with. With a dedicated smart contract in place, users have full control of their borrowed assets while ensuring that the protocol can have liquidation measures in place to remain solvent.

Liquidation Approach

A core feature enabled by having dedicated smart contracts is DeltaPrime’s liquidation approach. To provide users with flexibility while protecting the protocol’s health, DeltaPrime performs partial liquidations when a user’s collateral ratio drops below 20%. This restores the account to a secure margin. Unlike traditional lending protocols that fully liquidate positions, DeltaPrime offers users greater control of their assets and a more user-friendly experience.

Whitelisted Protocols & Assets

With security at the heart of DeltaPrime, users can only engage with whitelisted protocols that meet specific security requirements. To protect borrowed funds from default, assets are also whitelisted, ensuring they are liquid, stable, and protected from DEX manipulation.

By adopting a gated approach, especially during the early stages of the protocol’s growth, DeltaPrime provides an additional layer of security to protect users’ funds.

PRIME Token Utility

DeltaPrime’s economic design focuses on creating a sustainable business model which also rewards the protocol’s biggest supporters. To achieve this, sPRIME is used as the key mechanism to ensure long-term platform stability. Instead of simply staking PRIME, sPRIME represents a PRIME LP position on Trader Joe (AVAX-PRIME on Avalanche) or Uniswap (ETH-PRIME on Arbitrum).

sPRIME holders gain access to:

• 33% of the protocol’s revenue
• Governance power points to influence the protocol’s future as DeltaPrime transitions to decentralized governance
• Paying for Prime upgrades such as:
  • Lower fees
  • Additional leverage and token options
  • Improved performance tracking
  • And much more!

By requiring users to deposit into a PRIME LP position, sPRIME creates deeper liquidity which unlocks several benefits for the stability of the PRIME token:

✅ More efficient swaps with minimal slippage
✅ A liquidity buffer for unlocks, to absorb selling pressure with minimum price impact
✅ Increased stability

The ability to create deeper liquidity is crucial to providing a robust and stable economic foundation for DeltaPrime.

Team

Partners & Backers

Official Links

Website | X | Medium | Discord

DeltaPrime: Avalaunch IDO

DeltaPrime team on working with Avalaunch:

“For the past two years we have had many calls with both Dave and Mark about Avalanche, DeltaPrime and, most importantly, our tokenomics. Their input has been invaluable and significantly influenced the tokenomics as you see them today.”

— Gavin Hasselbaink, Co-Founder & CBDO of DeltaPrime

Funding Numbers

• Pre-seed: 700K USD – 1,866,667 PRIME at $0.375 USD — $15M FDV
• Bridge: 520K USD – 924,444 PRIME at $0.5625 USD — $22.5M FDV
• Public seed: 500K USD – 666,667 PRIME at $0.75 USD — $30M FDV
• Private seed: 700K USD – 700K PRIME at $1.00 USD — $40M FDV
• Launchpads: 500K USD – 444,444 PRIME at $1.125 — $45M FDV
  • Avalaunch: 300K USD – 266,666 PRIME at $1.125  
  • Other launchpads include Colony & AngelBlock

Supply Breakdown

Total Supply: 40,000,000 PRIME

• Community: 12,597,778 PRIME (31.49%) 
• DAO Treasury: 8M PRIME (20%)
• Team: 6.4M PRIME (16%)
• Advisors: 2M PRIME (5%) 
• Private seed: 700K PRIME (1.75%)
  • pre-TGE Contributors who receive a discount for locking and vesting their $PRIME over 12 months.
• Bridge: 924,444 PRIME (2.31%)
  • Both private and community contributors, supporting DeltaPrime in late 2023.
• Pre-seed: 1,866,667 PRIME (4.67%) 
• Grant: 226,571 PRIME (0.57%) 
  • A 300k grant has been provided by the Avalanche foundation in our early days. This came with an option to buy the token back at a discounted price up to the grant amount in the future. While there is no set date for this, we do reserve a part of the allocation for this grant.
• IEO: 571,429 PRIME (1.43%)
  • $PRIME used to bootstrap DEX liquidity at launch. This is matched with 100% of the launchpad proceeds and 50% of the Community Seed proceeds. 
• Launchpads: 444,444 PRIME (1.11%)
• Community Seed: 666,667 PRIME (1.67%)
• Bounties: 800K PRIME (2%)
• Ecosystem growth: 4.8M PRIME (12%)

The full supply breakdown can found in the DeltaPrime docs.

Vesting Following TGE

The cliff for every category starts on July 1st. 

• Community: Fully unlocked at TGE
• DAO Treasury: 12 month cliff, 12 months linear vesting
• Team: 12 month cliff, 24 months linear vesting
• Advisors: 12 month cliff, 12 months linear vesting
• Private seed: 8 month cliff, 8 month vesting
• Bridge: 8 month cliff, 8 months linear vesting
• Pre-seed: 8 month cliff, 8 months linear vesting
• Grant: 12 month cliff, 12 months linear vesting
• IEO: Fully unlocked at TGE
• Launchpads: No cliff, 6 months weekly vesting 
• Community Seed: 6 month cliff, 6 months linear vesting
• Bounties: Fully unlocked at TGE
• Ecosystem Growth: Fully unlocked at TGE

ℹ️ Please note: The TGE for PRIME will take place on July 1st – please stay tuned for further updates from the DeltaPrime team on the exact TGE time.

Other Info

• Initial Market Cap (excl. liquidity): $6M
• Initial Liquidity: $6.75M
• Initial Circulating Supply: 4,571,429 PRIME (11.43%)

DeltaPrime IDO Schedule

Registration Schedule

Registration Opens: Friday, June 14 at 3:00 p.m. (UTC)
Registration Closes: Sunday, June 23 at 6:00 p.m. (UTC)

Sale Schedule

Validator Round Begins: Monday, June 24 at 6:00 a.m. (UTC)
Validator Round Closes: Monday, June 24 at 3:30 p.m. (UTC)

Staking Round Begins: Monday, June 24 at 3:30 p.m. (UTC)
Staking Round Closes: Tuesday, June 25 at 6:00 a.m. (UTC)

Booster Round Begins: Tuesday, June 25 at 6:00 a.m. (UTC)
Booster Round Closes: Tuesday, June 25 at 10:30 a.m. (UTC)

How to Participate

To participate in Avalaunch sales, users will have to:

• Complete their KYC Registration | Tutorial
• Stake XAVA to secure their allocation | Tutorial
• Register for the sale when Registration opens | Tutorial

Claiming your allocation

ℹ️  Important info: At TGE (July 1st), participants will be able to claim their PRIME allocation from the DeltaPrime claim portal. Please stay tuned for official announcements.

About DeltaPrime

DeltaPrime is your prime broker on a mission to unlock the full potential of DeFi. We do this by providing secure undercollateralized loans, redistributing assets with a focus on maximum capital efficiency. Being built on the strong foundation of the Avalanche and Arbitrum networks, our Prime Account holders know they get fast and reliable transactions for their most important investments.

About Avalaunch

Avalaunch is a launchpad powered by the Avalanche platform, allowing new and innovative projects to seamlessly prepare for launch with an emphasis on fair and broad distribution. With its values deeply rooted in the early Avalanche community, we are able to offer projects confident, informed users who are aligned with the long-term goals of the rapidly expanding application ecosystem. Leveraging Avalanche’s scalable, high-throughput, and low-latency platform, Avalaunch is built by users, for teams, to help grow strong communities.

On 5/7/2024 at 9:00 p.m. (UTC), an AMA session was held on Avalaunch Telegram group with the Arrow Markets team to learn more about the powerful features being built on Arrow, which users can look forward to in its upcoming V2.

Below we present to you an excerpt from AMA with questions and answers.

Kirbee | Avalaunch

Hello everyone and welcome to another AMA, this time with Arrow Markets! We’ve got the Arrow team here today and we’ll be diving right in. How are you today?

Viking | Arrow Markets
Heyyy, doing good, excited to answer some questions 🫡

Kirbee | Avalaunch
Awesome, let’s get right in! Can you give us a brief intro of yourself and how you became involved with Arrow Markets?

Ed | Arrow Markets

Hey Kirbee, really excited to be here and answer the community’s questions!

I am one of the two co-founders of Arrow markets. As for my background, I was a PhD candidate at Cornell University doing research at the intersection of financial economics, blockchain, and AI. Cornell was a great place to be at for all three and I even had the pleasure of taking Emin Gun Sirer’s one and only PhD course on blockchain before he left to create the avalanche protocol!

The seed of the idea of Arrow markets came out of the IC3 hackathon back in late 2020. Patrick and I came from an academic background and had some professional experience in TradFi. In TradFi, options are massive and dwarf spot markets. We did not see the same traction in DeFi with options and wanted to create a platform that would provide transparent creation and settlement of options on-chain.

Viking | Arrow Markets

Hey! I’m Viking, marketing lead and community Lead at Arrow. I have been trading full-time crypto for a bit over 4 years now, so very crypto native and bit of a DeFi degen myself. Been trading perps for awhile and got excited about options about 1 year ago -that is how I ended up connecting with Arrow. Been around in Arrow for around a year, doing everything Growth and Community related, so if you have been around for awhile you have probably seen me at some point in tg/discord or twitter.

Kirbee | Avalaunch

Wow that’s awesome, a very impressive background from both of you. I’m sure the audience would love to know more about the rest of the team behind Arrow Markets — could you tell us more?

Ed | Arrow Markets

Other than myself and Vikingcrypt, the Arrow Markets team has deep expertise from top institutions. Our other cofounder Patrick Kiefer has a PhD in finance/financial economics from UCLA and Cornell (ABD, on-leave) and also has experience from industry in different areas of quant finance.

Our CPO Dheeraj Chakilam has a CS Masters from Cornell and worked at Jet/Walmart as a software engineer focused on options platform UX.

The team combines strong academic credentials in finance with real-world experience across quantitative trading, macro investing, software engineering and product design — giving us a unique position to build a superior options platform.

We also have respected advisors from the options market making industry and AI backgrounds providing invaluable guidance.

To learn more about the team please visit https://www.arrow.markets/about

Kirbee | Avalaunch

Quite the powerhouse team you have there, we are in good hands 🙂 so Arrow’s vision is to become the go-to platform for retail options traders — can you share more insight on your approach?

Viking | Arrow Markets

Absolutely! Our vision is to democratize options trading and be the premier platform tailored for retail traders. A few points on our approach:

1 — User-centric design is our core. Our “Lite Mode” interface guides beginners through complex strategies, lowering barriers to entry. Even those that have never traded options before can execute complex options trading strategies using our Lite Mode.
2 — Education is prioritized with testnet, trading competitions, social integration to learn in a risk-free, engaging manner.
3 — Robust technology like our innovative RFE system ensures competitive pricing and liquidity on par with centralized platforms.
4 — We’ll offer options on a wide range of crypto assets beyond just BTC/ETH to cater to diverse trader needs.
5 — Our team combines finance, quant trading, product design, and engineering expertise to deliver an exceptional user experience.

The goal is to bridge simplicity and sophistication — empowering retail traders with powerful tools while maintaining an intuitive, accessible platform.

Kirbee | Avalaunch

Great to see you are putting so much focus on educating users and a really clean UX, that’s so important for onboarding new users. With V2 coming out, you’ve shared that it will include a powerful Request-for-Execution system — can you explain why this is such a game changing feature?

Viking | Arrow Markets

The Request-for-Execution (RFE) system is a true game-changer for our V2 platform. Here’s why it’s so powerful:

– Traditional RFQ systems have stale quote risk — market makers must honor quotes over a time window, leading to wider spreads to account for this risk. Our RFE flips this on its head. It requests a reference quote from makers, which the user can then execute against within their set slippage tolerance. This allows makers to provide much tighter quotes since their risk is limited.
– It gets better — RFE masks the user’s slippage tolerance and quickly pings makers for final quotes, accepting the best one within that tolerance range and rejecting any stale prices. This creates a win-win — makers face less risk so can quote tighter spreads, while users get superior pricing within their own slippage control.
– Coupled with KPI-driven maker incentives, RFE ensures the options liquidity and execution rivals centralized platforms.

It’s a true innovative breakthrough.

Kirbee | Avalaunch

That’s really exciting to hear — congrats on the amazing work! On top of all the innovations, you have a strong focus on making options trading more accessible to more traders, how have you gone about this? And why was this such an important goal for Arrow?

Ed | Arrow Markets

Making options trading truly accessible to a wider range of traders has been a core mission for Arrow from day one. A few key elements of our approach as briefly mentioned before:

1. The “Lite Mode” UI guides beginners through complex strategies step-by-step, removing much of the intimidating complexity.

2. Educational tools like testnet, trading competitions, social integration let traders learn in a fun, risk-free environment.

We believe the immense potential of options has been limited to professionals/institutions due to opacity and high bars to entry. By democratizing access, we can unlock innovation and new use cases.

Options are powerful risk management and trading tools — our goal is to empower all traders to leverage them intuitively. This accessibility drive is central to our vision of a truly decentralized options economy.

Kirbee | Avalaunch

Making options more accessible is so important for the future of DeFi! You’ve been building in Avalanche for 3 years! Why did you choose to build on Avalanche in the first place and what has this journey through the years been like? Any insights for teams who are undecided on where they want to build?

Ed | Arrow Markets

Two words: CONSENSUS MECHANISM 🤝. From the moment we read the Avalanche whitepaper, we were super impressed with the innovation behind the consensus mechanism. Why’s it important — it allows for cheap and lighting fast txns while still maintaining a good degree of decentralization among the validators.

Avalanche is a great place to build and we think the team at Ava labs has been really supportive. Our advice for those building out a product is to create a pitch and a simple proof of concept and reach out to the Ava labs team to see how they might be able to support you as a builder.

Kirbee | Avalaunch

Very helpful for emerging teams, thanks for the insight! Community is a key part of building a successful product in the Web3 space. What strategies have you implemented to build the Arrow community in the Web3 space, and what have been your main areas of focus?

Viking | Arrow Markets

Completely agree that community is a key part of building a successful product on DeFi!

We have seen a lot of growth in our community in the last few months and we are constantly trying to host different events and come up with interactive ways to engage our community. We can quickly highlight V2 Mainnet waitlist, the different milestones campaigns to advance in the waitlist, multiple testnet trading competitions and other social campaigns.

We will continue to host different campaigns that help us interact with our community, and try to innovate new and fun ways to engage with Archers. Once V2 Mainnet is out, we will also continue to host events on Testnet to ensure that everybody gets to participate, without gatekeeping events and rewards to those that are already familiar with Options Trading. As highlighted before, we put a lot of emphasis on Education and encouraging our users to experience a risk-free environment to leverage a great tool like Options!

Kirbee | Avalaunch

That’s a lot to look forward to and many ways to get involved! Everyone is hugely excited about Arrow V2 — is there any V2 alpha you can share with the Avalaunch community?

Ed | Arrow Markets

We will be dropping some alpha with some research we have been doing for our upcoming margin system. We are super pumped about the results around capital efficiency relative to CEX options margin systems and Arrow’s is even able to support cross-margining. Stay tuned! 👀📺

Kirbee | Avalaunch

Very exciting stuff! Arrow V2 will mark a pivotal milestone for DeFi — can you share what else you have planned in the future for Arrow?

Viking | Arrow Markets

As discussed a bit earlier we are very excited about productionizing our margin system and integrating that into our version 2. We are also excited about opening up some options markets ($AVAX 👀🔺) on the platform!

Kirbee | Avalaunch

👀 this is the last question from us before we move onto the community questions. Arrow Markets is significantly expanding the possibilities in DeFi, as there hasn’t been a solid choice for options trading until now. Where do you see the future of DeFi heading, and what will Arrow enable to be built?

Ed | Arrow Markets

In general we like to think of the future of DeFi being all the possibilities that arise from ‘open finance’. Open finance in our mind is similar to open source technology. DeFi enables easy composability between protocols, in a transparent and accessible way. Furthermore, open finance also allows real cool future innovations like on the fly stress testing of a whole interconnected DeFi ecosystem in real time — not something that we can do in TradFi because of how closed that system is.

In addition, I personally am very excited for how DeFi will enable the future development of AI algorithms and allow users/traders to participate in real time in the upside of development of new AI tools. 🤖

Finally for what Arrow will enable to be built, we think that in the medium term, the goal of getting more and more options trading on-chain in a more transparent system is a big step in the right direction of having a fully functional open financial system and we’re super pumped to be making it happen in real time!

Kirbee | Avalaunch

A future of unlimited possibilities! Right now we’re onto our community questions, first one is from @kieule0701 — How can beginners utilize the Arrow Markets platform? Is there a guide available for newcomers?

Viking | Arrow Markets

For beginners, we offer a “Lite Mode” that simplifies executing options strategies with just a few clicks. We also have a testnet, trading competitions, and periodic social campaigns with web3 communities to learn in a fun, risk-free way. You can check out more about how our platform works by visiting our docs: https://docs.arrow.markets, and also by testing it out on Testnet at https://www.arrow.markets/!

Kirbee | Avalaunch

Next one is from @Nicolassteam — Can you share the backstory and challenges that motivated the development of Arrow Markets?

Ed | Arrow Markets

The seed of the idea of Arrow markets came out of the IC3 hackathon back in late 2020. Patrick and I came from an academic background and had some professional experience in TradFii.

In TradFi, options are massive and dwarf spot markets. We did not see the same traction in DeFi with options and wanted to create a platform that would provide transparent creation and settlement of options on-chain.

Options allow users a huge amount of flexibility in how they can express their market views, however, in part, because of this flexibility they are complex. Other than the purely technical side of programming options contracts on-chain we also wanted to create a platform with great UI/UX as well as plenty of opportunities to paper trade options.

Kirbee | Avalaunch

@ducluong27 would like to know — Has Arrow Markets undergone any security audits by third parties? What measures are in place to safeguard the community from potential threats?

Viking | Arrow Markets

Yes there have been third party audits of different aspects of the platform from our v1, to v2, to our $ARROW token contracts. We are currently in the process of auditing our token staking contracts. Please be on the lookout for more details to be released in our docs!

Kirbee | Avalaunch

Awesome, @tripham8 has a great question — How does Arrow Markets plan to strengthen its community and foster ongoing support? Are there regular community events, and could you provide examples?

Viking | Arrow Markets

As mentioned earlier, we have held multiple community events in the past — we can highlight Arrow V2 Waitlist that included completing different milestones to advance in the waitlist, lots of testnet trading competitions, and different social campaigns using tooling like Galxe.

Going forward we will continue to host different community campaigns — both on Mainnet and Testnet so everybody can participate -. To mention some, Trading Competitions, Sweepstakes, overall different incentives and ways to get the community involved. Would stay tuned for a new campaign starting soon 👀

Kirbee | Avalaunch

Can you share the inspiration behind the name “Arrow Markets” and any meaningful story associated with it? from @TamekaHopson

Ed | Arrow Markets

The name Arrow Markets actually comes from the famous Economist Kenneth Arrow. He was the first economist to show that having a rich enough set of options in a free and open market would allow participants in the economy to maximize their ‘welfare’ and attain an ‘efficient market equilibrium’.

To learn more about this great economist please check out this article: https://www.nature.com/articles/543624a

Kirbee | Avalaunch

Very interesting! We’ve got a very good question from @JammieDelagarza — In traditional options markets, the role of a writer is crucial. How does Arrow Markets innovate this process by enabling users to buy options without relying on a middle-man, and what benefits does this decentralization bring to traders?

Ed | Arrow Markets

Arrow markets directly connects users to market makers in our v2. In addition, we have a KPI driven system in place for how market makers are compensated. This approach allows users to get the most competitive prices for options. Finally because of the fact we are a DeFi protocol, composabiliy between us and other platforms is completely open.

Kirbee | Avalaunch

Awesome, thanks for that. Now we hear from @AllenaGivens — Can you discuss how Arrow Markets leverages options contracts to construct a wide variety of derivatives and structured products, and provide examples of the diversity of products that can be created using the platform?

Ed | Arrow Markets

Excellent question on the versatility of our platform! Options are the building blocks that allow creation of an incredibly diverse range of derivative and structured products.

For example, using our platform:
1. You could create a call spread by combining a long call at one strike and another long call at a higher strike, participating in upside gains up to a cap at the higher strike.
2. Construct a put spread by combining a long put at one strike and another long put at a lower strike, hedging downside risk below the lower strike.
3. Iron condors are also possible by combining the above call spread and put spread, allowing traders to bet on high or low market volatility.

The permutations are practically limitless when you have the right options market infrastructure, which is what we’ve built with Arrow Markets.

Kirbee | Avalaunch

There’s really so much innovation that can be built on Arrow — excited to see how it will all unfold. An important question from @Alonzowhitworth20 — Did Arrow Markets consider community feedback and requests during product development to incorporate fresh ideas? Who is the ideal consumer for your project, and how do you ensure alignment with their needs?

Viking | Arrow Markets

Community feedback has been crucial in the process of building Arrow V2. We have held multiple user interviews with both experienced options traders and people who have never traded options before, to gather opinions and thoughts on the overall UI and UX. We are strong believers in taking a user-centric approach when building, so we are constantly seeking feedback and iterating on it, ensuring that we are fully aligned with our users. We invite everybody to test V2 out and let us know of any feedback they have! By offering a Lite Mode, more focused on novice traders, and a Pro Mode, more focused on experienced option traders, we cater to a wide range of users.

Our community feedback has been super important in getting the V2 product to where it is, so huge shoutout to everybody who has submitted feedback 🫡

Kirbee | Avalaunch

Great to hear that the community has played such a key role in the development of V2! An excellent question from @SaranMarlow as we near the end of the community questions segment! Looking back at the successes of 2023, what key milestones or achievements stand out for Arrow Markets, and how do they set the stage for the anticipated launch of Arrow V2 Mainnet in 2024?

Viking | Arrow Markets

There have been a lot of milestones throughout 2023 and even 2024 already. To highlight some of them,

a) In early 2023 we opened up V2 Waitlist which saw a ton of interest and signups — over 28k signups with verified socials
b) We saw thousands of Testnet Users participate in the different campaigns we held — the Milestones campaigns being a huge success!
c) We held multiple Testnet Trading Competitions which saw thousands of signups, the last one having over 5k users competing for $15K Prize Pool
d) Successfully tested Arrow V2 Mainnet internally and later on-boarded some OGs to try Mainnet out

All of these really setting up the stage for a highly anticipated Arrow V2 Mainnet — its great to see community to be as excited as we are!

Kirbee | Avalaunch

Wow, that’s amazing — congrats Arrow team! And yet you still have so much more lined up 🥳 we’ve come to our final question from @DaphineCroft — Can you elaborate on the process of signing up for the V2 Waitlist, including the criteria for participation and the benefits for users who join the waitlist?

Ed | Arrow Markets

Bit of alpha here but the opened V2 Mainnet is coming out this week, so there is no need to sign up for V2 Waitlist anymore — will be able to trade on mainnet directly as soon as it goes live. So keep an eye for that announcement! 🚀👩‍🚀

Kirbee | Avalaunch

A big bit of alpha there! What an exciting week it is for you guys — congrats on everything! Thanks for such an informative AMA — really eye-opening as to what Arrow Markets will unlock for the DeFi space.

Less than 2 more days to register for the Arrow Markets IDO!

Thanks to the Avalaunch community for tuning in!

Get ready for Arrow V2 🥳

Viking | Arrow Markets

Thanks Kirbee and everybody who tuned in! 🫡

Ed | Arrow Markets

Thanks Kirbee and big hugs 🫂 to the whole avalaunch community — lfg

Kirbee | Avalaunch

Thanks Vikingcrypt and Ed for your time!