Avantis is the biggest leverage trading app on Base.

Key facts about Avantis

  • Raised $12M from Pantera Capital, Founders Fund, and others.

  • ~$22.4B in total volume and 42k traders.

  • Up to 500x leverage and zero fees. Pioneered ZFPs.

  • Brings RWA and crypto together.

Key facts about the Avantis TGE

  • It was the largest onchain airdrop on Base (at ATH $AVANT price)

  • It was the largest mindshare-based airdrop on Base, with approximately $2,820,000 distributed, and one of the shortest InfoFi campaigns, lasting only 2 months.

  • 400+ people got at least $1,500+ for Quacking only.

  • Token surged from $209M to $1.41B days after TGE.

  • Among the fastest ever listings (<7 days) on Coinbase.

TGE chart

Social growth results

Followers count: 56k → 87k+ (+55%)

Smart-followers: 490 → 763 (+56%)

X Score: 107 → 148 (+38%)

Total 25M impressions on Avantis-mentioned posts during the period of the campaign.

Got to the top 2 by pre-tge mindshare.

Per the third-party service Kaito

Fundamental metrics

Avantis was the first project to have a mindshare leaderboard combining social and on-chain activity, for which we specifically developed an algorithm update.

  1. The number of average daily active traders surged 2-5x and has remained consistent since the announcement.

  2. Total trades increased from 1.5M to 2.32M.

Airdrop and Post-TGE Action

Avantis has allocated 0.20% of $AVNT to Quaker's mindshare campaign. Which is equal to $2,820,000 at $1.41B FDV (at the moment of writing this article).

The first position has received a combined airdrop of $615,000 at the ATH price. While not being a widely known CT account, an X Score of 96 and 74 smart followers.

Four hundred quackers received $1,500+ drop only for Quacking. Many small accounts received a $10,000+ drop. Examples below.

For some small and medium-sized creators, this, combined with on-chain activity, guaranteed substantial rewards, and they continued driving attention even after the campaign ended.

Moreover, top creators continue supporting the protocol by staking their rewards.

Proved once again, small accounts and real users matter.

Key Learnings

  • Social + onchain mindshare leaderboard mechanics drive meaningful participation from actual users.

  • Fundamentally strong projects benefit the most from mindshare campaigns.

  • Designing mindshare and in-app incentive campaigns with a focus on real users, while making it unprofitable for extractive farmers, helps maintain healthy community activity after the TGE.

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