Avantis, a decentralized leveraged trading protocol on the Base chain, announced it will distribute 40 million AVNT rewards in its third season. This distribution represents 4% of the total AVNT supply, valued at over $80 million, and will be allocated to XP holders over the next five months. Season 3 is set to conclude on February 28th next year, when the AVNT rewards will be officially launched. The distribution plan allocates 25% of the rewards to liquidity providers (LPs) and 75% to traders. Specifically, LPs will receive 1% of the total AVNT supply, equivalent to $20 million at current prices, while traders will receive 3%, valued at $60 million. Additionally, Avantis plans to launch an upgraded S3 points dashboard by mid-next week to facilitate the process.