🚨BLACKROCK’S #BUIDL FUND GOES DEFI WITH EULER-AVALANCHE INTEGRATION
🔹BlackRock’s $3B tokenized BUIDL Fund integrates with Avalanche’s DeFi protocol Euler.
🔹Enabled via Securitize’s sToken framework, creating sBUIDL (ERC-20) token.
🔹sBUIDL usable as collateral to borrow USDC/AUSD, while earning AVAX & BUIDL returns.
🔹Boosts on-chain utility without compromising redeemability.
🔹Integration developed by Re7 Labs.