$AAVE
Aave Labs acquired Avon’s team and technology to expand fixed-rate and floating-rate onchain lending. Aave reports $33B+ deposits and $13B+ active loans; AAVE holders govern its DAO. The deal could bring more familiar credit products to DeFi, but integration, borrower risk and smart-contract security will decide whether growth is sustainable.
#AAVE #DeFi #Lending
Aave Labs acquired Avon’s team and technology to expand fixed-rate and floating-rate onchain lending. Aave reports $33B+ deposits and $13B+ active loans; AAVE holders govern its DAO. The deal could bring more familiar credit products to DeFi, but integration, borrower risk and smart-contract security will decide whether growth is sustainable.
#AAVE #DeFi #Lending