✔ VERIFIED First reported by The Block · Nov 6, 15:00 UTC · updated Nov 6, 19:39 UTC
Aave Expands Into Fixed-Rate Lending With Avon Deal
Aave Labs will acquire the team and technical infrastructure of Avon, an onchain credit protocol specializing in fixed and variable rates. The acquisition, whose financial terms were not disclosed,…
Common to all reports: Aave · Avon · Fixed-Rate Lending
Confirmed by 3 sources
- The Block (crypto newsroom · US) · Nov 6, 15:00 UTC · read at the source
- Coin Edition (auto) (crypto newsroom · International) · Nov 6, 16:30 UTC · read at the source
- Crypto Economy (low-credibility outlet · International) · Nov 6, 19:39 UTC · read at the source
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Tags: DeFi
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