AVL/USDT (1% fee tier) V3 gauge on BNB chain

Overview

  • A brief overview of the proposal’s key points: Proposal seeks to enable AVL/USDT (1% fee tier) V3 gauge on BNB chain

Background

  • AVL is the governance token of Avalon Labs and the backbone of USDa, the leading Bitcoin-backed stablecoin.
  • Launched on 2/12, AVL is already listed on Bybit and multiple top-tier CEXs. On 2/26, it also debuted on the Binance Alpha platform—setting the stage for broader Binance access in the future.
  • With over $800M+ in CEX trading volume, our goal is to expand on-chain accessibility. AVL has the potential to drive substantial volume and fees to PancakeSwap.

Details

  1. Boost Multiplier and Emission Cap %: 1.00x boost multiplier, 0.5% emission cap
  2. Audits: AVL Audits | Avalon Labs Documentation
  3. Token Utility: AVL is the native governance token of Avalon Labs, designed to empower decentralized decision-making within its Bitcoin-focused financial ecosystem. Every AVL is backed by the community-driven vision of Avalon, ensuring sAVL holders can vote 1:1 on protocol upgrades and ecosystem expansion. Future integrations with additional DeFi and CeDeFi products are planned to enhance adoption and utility. AVL aims to bridge traditional finance and Web3, offering staking rewards and fee rebates for seamless participation in Bitcoin-backed finance.
  4. Volatility: N/A (-30% to +100%)
  5. Oracles: No
  6. Control: Address 0xbb0158c61d720ae656d47ec66333fa0f99902486 | BscScan
  7. Merit: We’re already listed on Binance Alpha Project (https://x.com/WuBlockchain/status/1894681324730114364). We will bring trading fees and lots of Avalon users to Pancakeswap.
  8. Vault Strategy (for Position Managers only): N/A

Links

  1. Token address: 0x9beee89723ceec27d7c2834bec6834208ffdc202
  2. Pool address: Exchange | PancakeSwap
    Fee Tiers: 1%
  3. Position manager vault address: No
  4. Website: https://www.avalonfinance.xyz
  5. Socials: Avalon Labs | Linktree
  6. Documentation: Introducing AVL | Avalon Labs Documentation
  7. Github: GitHub - avalonfinancexyz/avalon-governance-token
  8. Any other relevant links: N/A

Thank you for your application! The Kitchen has enabled the AVL/USDT (1% fee tier) V3 gauges on BNB Chain with 1x boost multiplier and 0.5% emissions cap.