Aave Labs has acquired the team and technology of Avon, a startup operating in the fixed-rate lending space. This move aims to bring predictable borrowing costs to Aave’s on-chain lending protocol.
Scope of the Acquisition
As part of the acquisition, Avon’s fixed- and variable-rate lending protocols, on-chain order book, domain names, and related assets have been transferred to Aave Labs.
#AAVE $AAVE
Scope of the Acquisition
As part of the acquisition, Avon’s fixed- and variable-rate lending protocols, on-chain order book, domain names, and related assets have been transferred to Aave Labs.
#AAVE $AAVE