AVNU in 2023: The Ascent to the Summit in the Starknet Ecosystem
AVNU stands out as the leading Automated Market Maker (AMM) Aggregator on Starknet. The project is focused on delivering the best execution, competitive pricing, and security, making it one of the most promising projects in the Starknet ecosystem.
Key Features of AVNU:
- Activity Type: Decentralized Exchange (DEX) Aggregator.
- Category: DeFi, Infrastructure.
- Launch Date: On the mainnet since November 2022.
- Availability: Mainnet and Testnet.
- Features: AVNU offers asset trading at the best prices, eliminating slippage, providing MEV protection, and enabling gasless trading. The AVNU Mainnet supports swaps for ETH, DAI, USDC, USDT, WBTC, and allows the importation of any valid ERC20 token.
- Unique Selling Proposition: AVNU aims to provide the best execution for traders and dApps, merging multiple liquidity sources through a Request-for-Quote (RFQ) system and an innovative DEX aggregator on Starknet. This combination grants users access to competitive prices and a variety of asset options.
- Security: AVNU is the first DEX Aggregator audited in Cairo 1.0, ensuring the review and assessment of AVNU’s smart contracts for security.
Achievements and Successes:
- AVNU has established itself as the leading AMM aggregator on Starknet.
- The total number of AVNU users has exceeded 1 million, significantly surpassing the metrics of other Starknet AMM aggregators.
- AVNU is actively building its community through engaging campaigns and programs, including the opportunity to earn XP on their leaderboard and participate in Starknet Pro Score campaigns to earn exclusive NFTs from Starknet Quest.
- Strong partnership relations with key players in the ecosystem, including Starkware, Argent, Braavos, and Ledger.
Prospects and Community Impact:
- While the decentralization of AVNU or the issuance of an AVNU token has not yet been confirmed, given its profile and popularity, the project has strong prospects for decentralization.
- The investment round was successfully completed with participation from Big Brain Holdings.
- The Discord community boasts over 133,000 members.
Contribution to the Starknet Ecosystem: AVNU plays a key role in the Starknet ecosystem, offering users the ability to enhance their transactions on this platform and increase their Starknet Pro Score. This not only aids in better transaction execution but also strengthens the user’s reputation within the entire ecosystem.