Avant Delays TGE to Mid-September; Points Accumulation to End on May 15

Avant announced that, based on comprehensive market feedback and its own assessment, it has decided to postpone the Token Generation Event (TGE) to mid-September. Avant stated that the broader decentralized finance (DeFi) token market is currently under pressure, and multiple protocols have recently suffered security incidents—conditions unfavorable for launching a token sale. Avant Rewards points will cease accruing on May 15; however, users’ already-earned points will be preserved and remain eligible for participation in the upcoming TGE. During the postponement period, Avant will advance partnerships, expand total value locked (TVL), and enhance its product suite. It also plans to host a public Space this Thursday at 2:00 PM Eastern Time.