Avant+ DeFi Yield Strategy

Last update: July 28th, 2025

Bracket is pleased to present the Avant+ DeFi Yield Strategy

Administrator: Boreal Deposit: Daily Withdrawals: Weekly (t+9) About the Strategy: The strategy is to deploy USDC into the Avant ecosystem which by default will be savUSD, but will also take advantage of incentivized liquidity pools, borrow/lend arbitrage, and fixed rate yield opportunities once available.

Vault Token Symbol (a-token)
bravUSDC

Deposit assets supported
USDC (ETH L1)

Fees:

Fee type	Fee	Notes
Performance	20%	Must exceed water mark for positive return
TVL	1.5%	Bracket platform flat fee (1.0%) + Boreal management fee (0.5%)

Source of yield:

• As the ecosystem matures and additional opportunities arise, the strategy will dynamically allocate capital to higher-yielding Avant-native protocols.

  • Incentivized Liquidity Pools: Participating in protocol-native liquidity pools where yield is enhanced through Avant or partner token rewards. These pools provide both base yield and ecosystem incentives, compounding potential returns.

  • Borrowing /Lending Arbitrage: Taking advantage of interest rate inefficiencies between Avant’s borrowing / lending markets and external protocols

  • Fixed-Rate Yield Opportunities: When fixed-income vaults or tranches become available within Avant or affiliated protocols, capital will be rotated into these positions to lock in stable yields, ideal for predictable income generation and risk management.

  The strategy is designed to be capital-efficient, modular, and responsive to yield opportunities as they emerge in the Avant ecosystem. Risk is managed by limiting exposure to concentration or liquidity fragmentation risks. Over time, as Avant introduces additional primitives or integrates with other protocols, the strategy will adapt.

Enforced Capabilities: Policy Managed Wallet Address: 0x8DFC158aE5EF57996950a219122F3D925457Eb0E Funds movement is limited by the Bracket Protector for MPC wallets, the Policy Managed Wallet, with Bracket Platform serving as a policy administrator. Neither Bracket nor the fund manager/advisor can unilaterally withdraw funds out of this wallet. Funds are non-custodial and limited to the following protocols, assets, and bridges: Chains: Ethereum, Avalanche (primary), Base (as available), Hyperliquid (as available) Decentralized Exchanges (DEXs)

The strategy leverages top DEXs to enable efficient asset swapping, liquidity provisioning, and yield opportunities:

• Trader Joe: A leading DEX on Avalanche C-Chain

• Pharaoh: Next Generation DEX, Concentrated Liquidity on Avalanche C-Chain

Lending and Borrowing Protocols

The strategy optimizes capital efficiency by employing robust borrowing / lending protocols:

• Silo Finance: A decentralized lending protocol that creates isolated lending markets to minimize risk between assets.

• Euler: A non-custodial DeFi lending protocol that enables permissionless borrowing and lending with innovative risk management.

• Benqi: A decentralized finance DeFi protocol on Avalanche that offers liquid staking and algorithmic lending markets, enabling users to earn yield on AVAX and other assets while maintaining on-chain liquidity.

Yield - Other

• The strategy integrates Avant protocol to access Avant assets. These carry native yields.

  • Avant: a decentralized stablecoin protocol on Avalanche that enables users to mint yield-bearing assets backed by strategies including delta-neutral, and market-neutral yields.

  • To find out more about Avant, please visit https://www.avantprotocol.com/

  • Avant has risks including protocol risk, manager risk, and oracle risks. Please read through the risks before participation.

Cross-Chain Bridges

The strategy integrates various cross-chain bridges:

• Stargate, Avalanche Core Bridge: Secure and efficient cross-chain solutions

• CCTP: Circle-powered stablecoin transfers

Supported Assets

The strategy supports a wide range of assets for liquidity, stability, and innovation:

• Avant Assets: avUSD, savUSD (staked), avUSDmax, avUSDx, savBTC

• Other BTC assets: BTC.b

• Stablecoins: USDC, USDT

• Other native tokens: AVAX, wAVAX

Blockchain Networks

The strategy ensures interoperability by utilizing multiple blockchain networks: Ethereum, Avalanche (primary), Base (as available), Hyperliquid (as available)

Enforced Deposit and Withdrawal Policies: Note that withdrawals are locked during the NAV update period, 18:00 UTC (2:00pm EDT) + ~2hrs Deposits can be made during the lock period. --

Action Type	Cutoff
Deposit Request	Daily, submit prior to 18:00 UTC (2:00pm EDT)
Deposit Processed	18:00 UTC (2:00pm EDT) + ~2hrs
Withdrawal Request	Submit prior to 18:00 UTC (2:00pm EDT)
Withdrawal Processed	Daily requests, but rolling weekly schedule. Submit prior to 18:00 UTC, (2:00pm EDT); available 7 days later + ~2hrs for processing

Initial Calendar Example

Action type	Date/Cutoff	Notes
Initial Deposit Request	Aug 4th, 2025, 13:00 UTC, 9am EST	Begins accepting deposits
Deposit Processed	18:00 UTC (2:00pm EDT) + ~2hrs	Cutoff by which time you need to deposit
First Withdrawal Request	Submit prior to 18:00 UTC (2:00pm EDT) Aug 5th, 2025	Cutoff to request withdrawal
First Withdrawal Processed	Aug 12th, 18:00 UTC (2:00pm EDT) + ~2hrs	When withdrawals will be processed and claimable. You'll have to manually claim on platform

-- Disclaimer: Dates listed above may be subject to change with or without notice. Supported assets, wallets, and/or protocols may be updated in line with Changing A Vault's Investment Policy rules. *Target rate for the vault is illustrative and the reported rate will depend on actual performance. Eligible users only, please see Terms and Conditions for more information.