⛓️ Aave buys Avon to offer fixed-rate loans

Aave Labs, a decentralized lending platform, acquired Avon’s team and technology to add fixed-rate loans. The move aims to attract financial institutions that prefer to know in advance how much they will pay in interest, making the platform more predictable.

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Source: The Block · https://www.theblock.co/news/business/2026-11-06-aave-labs-buys-avon-team-in-fixed-rate-lending-push-435901