RedStone enables Net Asset Value data for Avant's savUSD yield token on Stellar, expanding usability in Stellar DeFi.
DeFi & Yields ·
RedStone has deployed Net Asset Value pricing for Avant's savUSD token on Stellar, enabling the yield-bearing asset to integrate across the network's DeFi protocols through SEP-40 oracle standards. The pricing feed operates in both push and pull modes with a 24-hour heartbeat and 0.05% deviation threshold, allowing Stellar applications to list savUSD as collateral while users retain yield accrual on their holdings. RedStone now supports 47 price feeds on Stellar, including 18 that comply with the SEP-40 standard, as Stellar's tokenized asset market has surpassed $2 billion.