MegaETH mainnet is live, and capital is already flowing 💸

But every new high-performance chain faces the same early challenge: liquidity fragments across venues, yields look uneven, and users must actively manage positions just to stay efficient.

Avon is the first real-time onchain credit layer on MegaETH, turning idle $USDm — MegaETH’s native digital dollar — into structured yield through automated credit strategies.

Users deposit $USDm into MegaVault and receive $USDmY, a yield-bearing token representing their position. Capital is deployed into live credit markets on MegaETH as they activate, allowing depositors to earn from ecosystem-native lending activity through a single, consolidated position.

Avon’s core contracts have been audited by five independent firms: Zellic, Guardian, Pashov Audit Group, Valkyri Security, and a public audit competition run by Cantina.

🪂 The Avon MegaVault Bootstrapping Program is live ✨

Users who deposit $USDm earn structured yield through MegaVault while also accruing Avon Points based on their time-weighted average balance.

Points increase according to how much capital is deposited and how long it remains deployed.

While Avon has not announced a token or distribution framework, points systems of this nature are commonly used to determine future airdrop allocations post-TGE.

As an early incentive, the first week of the program features an elevated reward rate, with users earning 3× Avon Points on their $USDm deposits during this initial bootstrapping phase.

Step by step guide Avon Airdrop

• Get Started → Head to the Avon MegaVault interface and connect your wallet.

  💡 Ensure your EVM wallet is set to the MegaETH mainnet before proceeding.

• Bridge & Acquire $USDm → Use the official MegaETH Rabbithole Bridges to transfer $ETH or other supported assets onto MegaETH. You can either bridge directly into $USDm through supported routes, or bridge ETH first and swap into $USDm on Kumbaya.

  ⛽️ Ensure you keep a small amount of $ETH on MegaETH to cover gas fees.

  
  
  

• Deposit into MegaVault → Supply $USDm into MegaVault and receive $USDmY, the yield-bearing token credited to your account. The vault then deploys your $USDm into automated credit strategies on MegaETH and expands allocations as new markets activate.

  
  
  

• Earn Yield + Avon Points → While your $USDm is deployed, MegaVault generates structured yield and you accrue Avon Points based on your time-weighted average balance.

  💡 During the initial bootstrapping phase, deposits earn 3× Avon Points for the first week.
  
  

• Monitor Your Position → Track your vault balance and performance metrics directly within the MegaVault interface, and monitor your Avon Point accrual on Merkl.

  
  
  

* Follow @Avon_xyz on 𝕏, and join the community on Telegram to stay connected.

🔎 Looking for the next big Airdrop? Our DEX Airdrops 2026 guide has you covered 📖