Aventus (AVT) is a layer-2 Ethereum token powering the Aventus Network, facilitating faster, cheaper Ethereum transactions. Transaction processors stake AVT to secure the network and earn fees, while AVT holders can vote on network upgrades. The Aventus Network enhances Ethereum’s capabilities by offering faster processing and reduced costs. AVT is used for transaction processing, staking, and governance within the network. The Aventus Protocol was conceived in a 2016 white paper by Annika Monari and Alan Vey, who met at Imperial College, London, and co-founded the Aventus Protocol Foundation.
