AVEM

AVEM is a DeFi protocol based on Astar, a Polkadot’s parachain web3 EVM compatible ecosystem. The goal for AVEM is to become a top protocol in the DeFi space when it comes to AMM liquidity and lending services, while being fully compliant with regulation for security token listings.

Client

Services

Website

AVEM

Consulting | UX/UI design | Development

https://www.avem.finance/

CHALLENGE

AVEM was born with the vision of becoming the main liquidity provider in the Astar parachain on the Polkadot blockchain. To do so, the next steps were to add lending functions, as well as serve as a launchpad for future project launches on the Astar network. The challenge was not only to fork and join the forks to create a new project, but also to link the value of the token to the entire ecosystem. Another challenge faced by Themar was the design of the tokenomics itself.

THEMAR SOLUTION

Themar worked on both the development of the contracts and the design of the front and web3 integration. Avem is a Uniswap fronk with significant changes to the fee system, in addition to adding other forks such as lending or the launchpad. Finally, launch the token and allow it to capture value through burn and share buy backs through fees collected by the protocol.