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Avalon Labs launches CeDeFi lending with a fixed lending rate of 8%

2024-08-22 10:08:44

ChainCatcher message, the Bitcoin ecosystem lending protocol Avalon Labs (formerly Avalon Finance) has launched on-chain CeDeFi lending, and by collaborating with CeFi institutions, it offers unlimited stablecoin lending with a fixed lending rate of 8%. The collateral is held by professional institutions, and the supported collateral includes FBTC and Bitcoin.

Avalon Labs operates two business segments focused on Bitcoin: CeDeFi and DeFi lending, and will launch its lending stablecoin. Avalon Labs will serve both retail and institutional users, establishing a more comprehensive on-chain lending system.

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