Avalon Labs ($AVL) is a platform that helps Bitcoin holders borrow money, earn steady returns, and use Bitcoin-backed stablecoins without selling their Bitcoin. They have just announced Stage 2 of their Avalon Labs ($AVL) token airdrop. Here is our Avalon Labs ($AVL) token airdrop guide.
Check out our step by step guide!
What is Avalon Labs ($AVL)?
Avalon Labs ($AVL) is a decentralized liquidity protocol designed for Bitcoin holders to access liquidity, earn sustainable yields, and utilize Bitcoin-backed stablecoins without selling their assets. Its main features include USDa, a Bitcoin-backed stablecoin offering instant liquidity and fixed borrowing rates, and USDaLend, a decentralized lending platform providing stable rates and scalable borrowing options. Avalon Labs also supports Bitcoin Liquid Staking tokens and derivatives, creating additional yield opportunities while maintaining security.
The platform has raised US$11.50 million so far on a US$30 million valuation. Investors of Avalon Labs include Framework Ventures, Kenetic Capital, Paul Taylor and SNZ Holding.
How to get the Avalon Labs ($AVL) token airdrop?
Time needed: 15 minutes
Here is a guide on how to get the potential Avalon Labs ($AVL) token airdrop
- Connect to Avalon Labs
Connect your wallet to https://www.avalonfinance.xyz/. Note that there may be restrictions on participation based on your jurisdiction.
- Complete quests
Go to the Point section. Connect your social accounts and wallet. Engage with the Avalon Labs platform, for example, you will earn 10 points for daily check-ins.
- Provide liquidity
On the “Markets” section, choose your preferred network and supply the asset to deposit. Approve the transaction. Note that as the platform has already launched its mainnet, you will be using real funds for any tasks on the platform.
- Hold assets
To qualify for Stage 2 of the AVL airdrop, you must hold 15x the AVL airdrop amount in USDa throughout each of the 3 epochs to fully unlock the rewards. Each epoch will last for 60 days (totaing 180 days) from 15th March 2025. Snapshots will be periodically taken to see your USDa wallet balance and USDa deposited into USDaLend. For example, to qualify for a 1,000 Avalon Labs ($AVL) airdrop, you must hold at least 15,000 USDa. Note that holding more than 15x the amount of USDa tokens does not increase your rewards.
Latest News on Avalon Labs
Avalon Labs: Airdrop Hunt Heats Up with Extensions, New Vaults, and Massive Burns!
Airdrop hunters, get ready! Avalon Labs has been buzzing with activity, dropping crucial updates that could impact your airdrop potential. From campaign extensions to new earning opportunities and even a significant token burn, there’s plenty to keep an eye on. Dive into the latest from Avalon Labs and ensure you’re positioned to capture those valuable rewards!
Key Highlights for Airdrop Hunters:
- Kaia Campaign Series Delayed: The anticipated Kaia campaign series has been postponed to ensure a fair opportunity for all participants to join and earn.
- KAIA Lending Protocol Campaign Extended: Good news! The deadline for the highly rewarding KAIA Lending Protocol campaign has been pushed back to June 30th.
- New $USDT Vault Live: Stake your $USDT and start earning Avalon Points and $KAIA with Avalon’s newly launched $USDT Vault.
- Massive $AVL Burn: A whopping 80 million unclaimed $AVL airdrop tokens have been permanently removed from circulation.
- sAVL Reward Distribution Complete: Rewards for the “Stake AVL & Win a Share of the 50,000 sAVL Reward Pool” have been fully distributed.
Current & Upcoming Opportunities:
1. KAIA Lending Protocol Campaign Extension! Don’t miss your chance to earn a share of $200,000 worth of $KAIA rewards! The popular KAIA Lending Protocol campaign has had its deadline extended to June 30th.
- How to Participate: Deposit or borrow on Avalon’s KAIA Lending Protocol.
- Points System: Deposit = 1X Points | Borrow = 3X Points.
- Rewards: Climb the leaderboard; the top 100 participants share $100K worth of KAIA.
- Tweet Link: Event Extension Notice, Original Campaign Details
2. Stake $USDT in Avalon’s New Vault! Avalon’s $USDT Vault is now live! This is a new opportunity to earn valuable rewards by simply staking your stablecoins.
- How to Participate: Stake $USDT in the vault.
- Rewards: Earn Avalon Points and $KAIA.
- Tweet Link: Avalon’s $USDT Vault goes Live
3. Empower Your Vote with Penpiexyz_io and Avalon Finance Avalon Finance is igniting the epoch with a $15,000 incentive for the $sUSDa pool on the Penpiexyz_io Voting Market. This presents an opportunity for those engaged in decentralized governance and liquidity provision.
- How to Participate: Engage with the $sUSDa pool on the Penpiexyz_io Voting Market.
- Incentive: $15,000 from Avalon Finance.
- Tweet Link: RT @Penpiexyz_io
Key Event Summary Table:
| Event | Status | Key Details | Important Dates | Tweet Link |
|---|---|---|---|---|
| KAIA Lending Protocol Campaign | Active/Extended | Deposit/borrow on Avalon’s KAIA Lending Protocol to earn a share of $200,000 worth of $KAIA rewards. | Extended to June 30th | Extension |
| Avalon $USDT Vault Launch | Live | Stake $USDT to earn Avalon Points and $KAIA. | Live since June 10th | Vault Live |
| Kaia Campaign Series | Delayed | Campaign series pushed back to ensure fair access for earning. | TBD | Heads up 👀 |
| $sUSDa pool on Penpiexyz_io Voting Market | Active | Avalon Finance provides $15,000 incentive for the $sUSDa pool. | Ongoing | RT @Penpiexyz_io |
Completed Events & Other News:
- sAVL Reward Pool Distributed: The rewards for the “Stake AVL & Win a Share of the 50,000 sAVL Reward Pool” campaign have been fully distributed to participating wallets. Check your wallets if you were part of this campaign!
- Tweet Link: Rewards Distributed
- Massive AVL Token Burn: Avalon Labs has burned an astonishing 80 million $AVL tokens, representing 44% of the circulating supply. These were unclaimed airdrop tokens, valued at approximately $16 million, permanently removed from circulation. This significant burn could positively impact the token’s scarcity and value for existing holders.
- Tweet Link: 80M $AVL Burned
Stay tuned and keep those notifications on for more updates from Avalon Labs!
Angela Wang
Angela loves cryptocurrency, technology that improves our lives...and food. Anything that merges these worlds together is even better.