Avantis (@avantisfi): $AVNT Milestones: Incentives, Utility, and Buy-Backs.

$AVNT Milestones: Incentives, Utility, and Buy-Backs. Background: $AVNT Supercharges Avantis. The goal of launching $AVNT was to supercharge @avantisfi and meaningfully align all Avantis stakeholders: team, investors, users, community members, builders and $AVNT stakers. Since the launch of $AVNT on 9.9.25, we've seen explosive growth across all our fundamentals. TVL, OI, DAUs and total fees are now up 6x+, our community (discord + twitter) is up by 50K+ members, and most importantly, more people believe in our mission of building DeFi's universal leverage layer. We've always observed that giving back to the community results in amplified growth across every important protocol metric: Our TGE began with a 12.5% fully liquid airdrop, given to active onchain users. This created one of the largest airdrops on Base by dollar value. Right after TGE, we turned on 100% fee share to liquidity providers. This is because we understand that liquidity begets trading volumes, which creates a virtuous cycle. This has resulted in 6x+ increase in OI, TVL and fees. We launched Season 3 points program - our shortest ever season, yet largest by dollar value. Now - it's time to supercharge the $AVNT token community. We're excited to formally present our token roadmap. The $AVNT Roadmap: Incentives, Utility and Buy-Backs. It is clear that $AVNT deserves its own dedicated roadmap. You can now find both below: Avantis roadmap: https://docs.avantisfi.com/roadmap-avantis $AVNT roadmap: https://docs.avantisfi.com/roadmap-usdavnt We designed $AVNT to play an active role across three important dimensions: Incentives: Security, XP (Live) $AVNT stakers secure the protocol LPs by staking in the security module. For this, they recieve staking incentives, paid out in $AVNT (currently at a ~20% APR). Although stakers take theoretical risk of slashing, a slashing event has never occurred in the operating history of the protocol. However, this aligns stakers with the protocol's security. 2. Utility: XP Boosts + Fee Discounts (Partially Live) Avantis traders, LPs and referrers can stake $AVNT to increase their XP boosts and earn more $AVNT in the season 3 airdrop scheduled for February 28th, 2026. This is already live, with several users actively staking and competing to increase their boosts. What's coming next is fee savings utility. For traders, we're working to ensure that $AVNT staking provides direct fee rebates and discounts, on a tiered basis (highest amount / duration staked provides the highest fee benefit). These utilities closely align our power users with $AVNT ownership and staking. 3. $AVNT Buy-Backs: Coming soon. Systematic $AVNT buy-backs (i.e buying back $AVNT from platform fees) are coming very soon! However, they will be introduced based on transparent milestones that balance platform growth (TVL, OI, fees) with sustainability (protocol treasury and and token value accrual). Here's how we view this trade-off: Below a certain threshold (of protocol growth), buying back or diverting fee share to $AVNT implies risking platform growth (and operating profitability), both of which ultimately hurt the $AVNT token value accrual. Since TGE, a big reason why Avantis has grown 6x is 100% fee share to platform LPs, creating sticky a liquidity and trading flywheel. However, after a certain threshold (of protocol growth), more and more fees (as % of total protocol revenue) should be used to buyback AVNT, which promotes deflationary mechanics (i.e no need for emissions to fund growth), systematic daily buy flows, and stronger alignment of all $AVNT stakeholders. This is crucial to scale $AVNT value accrual. $AVNT Buybacks: Milestones 1 + 2 We're excited to announce systematic buy-backs for $AVNT based on a transparent milestone based approach. Milestone 1: We define milestone 1 as average daily revenue above $200K (a 2x from current avg. daily fees). We'll allocate 30% of fees to buy-backs at this level, representing $22M+ in annualized $AVNT bought back! Milestone 1 is designed to be a near-term achievable target, however milestone 2 is where we really expect to $AVNT become deflationary. Milestone 2: Is defined as $500K+ average daily revenues, expected at $150M+ TVL and 250M+ OI (though it could come sooner or later, depending on perpetuals trading volumes). We'll allocate 50% of fees to buy-backs at this level, representing $90M+ in annualized $AVNT bought back (~11.4% of supply). At this level (and at current FDVs), $AVNT would become deflationary. For example, Season 3 would require 4% of $AVNT, which would easily be offset entirely via buy-backs! Doing buy-backs too early can hurt growth, halting the virtuous flywheel of liquidity and trading volume growth from taking off. This is why we're opting in for milestone based approach. We look forward to prioritizing growth and reaching Milestone 1 as soon as possible. A transparent milestone based approach aligns all $AVNT stakeholders on a path that carefully balances protocol growth, with $AVNT value accrual. We're proud to build $AVNT together with our community, and welcome any and all feedback on our public $AVNT roadmap, and buy-back milestones. Sincerely, Team Avantis.