Avant announced that the TGE has been postponed to mid-September, and all accumulated points have been fully retained

According to a May 12 X announcement from the DeFi protocol Avant, Avant said it would postpone the token generation event (TGE) to mid-September. Avant Rewards points will stop accruing on May 15, and all points users had accumulated previously will be retained; users will be able to participate in the airdrop when the TGE occurs in the future. Avant said the decision was based on the assessment that the current market environment is not suitable for a token launch.

Reasons for the TGE Postponement

According to Avant’s official announcement, the main reason for the delay is that the broader DeFi sector is currently under pressure. The announcement said, “The current situation does not support the claim that (strong token issuance) is possible. DeFi tokens have been under massive pressure; in recent months, multiple protocols in this space have been attacked.” Avant stated in the announcement that although the company maintained growth relative to similar tokens during this period and overall TVL continued to rise, the pressure across the entire DeFi sector still indirectly affected Avant.

Impact on the Points Program: May 15 as the Cutoff Date

According to Avant’s official announcement, the impact of this postponement on Avant Rewards users is as follows:

Points accrual cutoff: Accrual will stop after May 15, 2026

Retained points: All points earned previously through Avant Rewards activities are unaffected and will be fully retained

Airdrop participation: Retained points can be used to participate in the airdrop when the future TGE occurs

In the announcement, Avant said, “Your points are secured. Points will stop accruing on May 15, and the points you have already earned will be retained. At that time, you will be able to participate in the TGE. We believe that ensuring a smooth launch will bring a better experience to all participants.”

Next Steps and Community Engagement

According to Avant’s official announcement, during the postponement period, the Avant team plans to kick off several long-prepared cooperative projects, continue to increase TVL, and推进 product expansion to strengthen the protocol’s foundation before the market environment improves. Avant said it will hold a public Space at 2:00 PM Eastern Time on Thursday, May 15, 2026, for community members to directly interact with the Avant team.

FAQ

When is Avant’s TGE postponed to? Why?

According to Avant’s official announcement published on X on May 12, 2026, the TGE has been postponed to mid-September 2026. The reasons are that the broader DeFi sector is under pressure overall and multiple protocols have suffered security incidents, and that the current market environment is not suitable for token issuance.

What are the cutoff date and retention policy for Avant Rewards points?

According to Avant’s official announcement, Avant Rewards points accrual will stop on May 15, 2026; all points accumulated previously will be fully retained, and users can participate in the airdrop when the future TGE occurs, without being affected by the postponement.

When does Avant plan to hold the public community Space?

According to Avant’s official announcement, the public Space will be held on Thursday, May 15, 2026, at 2:00 PM Eastern Time, for all stakeholders to directly interact with the Avant team.