CryptoThe Blockabout 2 hours ago
Aave Labs Acquires Avon Team for Fixed-Rate Lending
1 min read
Aave Labs acquired the team and technology behind Avon to add fixed-rate borrowing to its network. The deal includes Avon's protocols and assets, with Prince Sinha and Ayush Kaul joining engineering. Aave holds over $30 billion in deposits and over $12 billion in active loans.
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