Profile
savUSD profile facts
Avant Staked USD (savUSD) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg avUSD-denominated NAV.
Variant relationship
Avant Staked USD (savUSD) is modeled as a strategy vault variant of Avant USD (avUSD). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.
- Collateral
- avUSD staked into Avant's savings vault as the yield-bearing Senior Tranche; yield is sourced from Avant's actively managed delta-neutral / market-neutral strategies (basis trades, lending-rate arbitrage, yield trading), with portfolio NAV calculated weekly by independent valuation provider Pennyworks. Losses are absorbed first by the avUSD Reserve Fund and then by the avUSDx Junior Tranche before reaching savUSD
- Peg mechanism
- Stake avUSD to receive savUSD; the savUSD/avUSD exchange rate compounds as strategy yield accrues. Unstaking savUSD to avUSD has a 1-day cooldown during which no yield is earned; the final USDC exit inherits Avant's 1:1 avUSD redemption process
- Jurisdiction
- British Virgin Islands
- Proof of reserves
- Real-Time PoR by Pennyworks (weekly NAV) + published on-chain Reserve Fund / strategy wallets Reserve source
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
savUSD quick answers
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What is Avant Staked USD (savUSD)?
savUSD is Avant's yield-bearing wrapper of avUSD; share price compounds with delta-neutral strategy yield, exits inherit avUSD's USDC redemption. The static profile records its avUSD-denominated NAV accounting mechanism as: Stake avUSD to receive savUSD; the savUSD/avUSD exchange rate compounds as strategy yield accrues.
Is savUSD safe?
As of Nov 8, 2026, Pharos grades savUSD D (45/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and any holder can use its reviewed redemption route. That is a low-band grade, which flags significant structural risk. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs savUSD?
Pharos records savUSD's reserves as of Oct 27, 2026 as 100% avUSD savings vault shares. Reserve evidence: Real-Time PoR by Pennyworks (weekly NAV) + published on-chain Reserve Fund / strategy wallets. Pharos classifies the backing as Crypto-Collateralized.
Can savUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
How do you redeem savUSD?
Under the route Pharos reviewed on May 11, 2026, any holder can redeem savUSD for a single stable asset, such as cash or a stablecoin. Settlement takes multiple days. The reviewed terms charge no percentage redemption fee. Whether a given holder qualifies is set by the route's own terms, not by this summary.
