avUSD activities on Avant Protocol indicate that minting is the dominant activity: 
🔹95%+ of transactions are mints. 
🔹Weekly mints peaked mid-Jan, aligning with increased active users. 
🔹The largest single mint? $500K!

Here's an analysis of avUSD activities on Avant Protocol. 📊

🔹274 unique minters, 47 redeemers.
🔹$14.1M minted vs. $608.7K redeemed.
🔹595 total transactions, with a median mint amount of just $100.

Minting dominates activity:
🔹95%+ of transactions are mints.
🔹Weekly mints… https://t.co/aL1auLl5Fe

ByteBender

avUSD activities on Avant Protocol indicate that minting is the dominant activity: 
🔹95%+ of transactions are mints. 
🔹Weekly mints peaked mid-Jan, aligning with increased active users. 
🔹The largest single mint? $500K!

https://x.com/byte_bender_/status/1901189420235084132

https://flipsidecrypto.xyz/saeedmzn/avusd-activities-on-avant-protocol-7L-JEa

Thank you for sharing an important and strong analysis about this project

I think it is a big and serious figure, but since I am not active, I cannot give an exact opinion