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AVAI is an asset that is pegged to the US Dollar; in other words, a coin intended to float as close to $1.00 USD as possible. It will be backed by locking tokens as collateral in a personal Vault in a Orca Bank as well as via other mechanisms described in the technical overview.

The entire process is decentralized and does not use a middleman such as a financial institution, meaning simply that the user is in full control of their funds at all times. 
An Orca Bank is the contract that allows a user to deposit a specific ERC20 as collateral, granting AVAI in return. Using the USDC token as an example, if a user deposits $150 USD worth of collateral funds into a Vault, they will have the ability to borrow up to 100 AVAI, worth $100 USD. This grants them the opportunity to invest a total of $250 USD, while owing a stable $100 USD. 

Orca AVAI

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AVAI	USD
0.1	0.04081809094
1	0.40818090948
2	0.81636181897
5	2.04
10	4.08
20	8.16
50	20.41
100	40.82
1000	408.18

USD	AVAI
0.1	0.24498940953
1	2.45
2	4.90
5	12.25
10	24.50
20	49.00
50	122.49
100	244.99
1000	2,449.89

Orca AVAI Converter

AVAI to USD Price Chart

Price Performance

Price Performance

AVAI to USD Conversion Table

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