Business1 source
Aave Buys Avon Team to Bring More Fixed-Rate Lending Onchain
Headline from NewsBTC
Key points
- Aave Labs announced on November 6 that it has acquired the team and technology behind Avon.
- The acquisition includes Avon's fixed- and floating-rate lending systems along with an onchain order book infrastructure.
- This strategic move aims to expand Aave's existing protocol capabilities and bring enhanced fixed-rate lending features to decentralised finance users onchain.
Summarized automatically by Kryptokite from reporting by NewsBTC. Read the original sources for full detail.
Coins mentioned
Sources
- NewsBTCAave Buys Avon Team to Bring More Fixed-Rate Lending Onchain · 2 hours agoRead on NewsBTC
Story timeline
- The Defiant1 min read
Aave Labs Acquires Avon Team to Develop Fixed-Rate Lending
- Crypto Briefing1 min read
Aave Labs acquires Avon team to build out fixed-rate lending
- The Block1 min read
Aave Labs buys Avon team in fixed-rate lending push
- Unchained1 min read
Aave’s Risk Manager Wants a Borrowing Speed Limit After Binance Hackers Took $44.6 Million
- The Defiant1 min read
Aave Schedules Vote on Babylon Native Bitcoin Collateral for V4
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