🚀 What is the AVL token? BTC Liquidity Hub of Avalon Labs
📥 Avalon Labs is one of the pioneering platforms in the CeDeFi space and Bitcoin (BTC) lending. The team aims to revolutionize the financial landscape of BTC with the launch of the first CeDeFi lending platform.
🏅 The project provides BTC holders with the ability to borrow at the lowest fixed interest rates and flexible repayment options, thereby helping to unlock trillions of USD in BTC in the market.
💥 Avalon Labs develops a comprehensive financial ecosystem for Bitcoin including Bitcoin lending, the USDa stablecoin backed by BTC, and profit-generating accounts. The platform is designed to provide transparency, scalability, and accessibility for users. This aims to transform Bitcoin into an actively economic asset in global markets.
🌀 Avalon Labs receives support from experienced individuals from Binance. The project successfully raised 11.5 million USD and was valued at 30 million USD. The platform currently has over 200,000 unique active wallets and a total value locked (TVL) exceeding 2 billion USD.
🔯 Avalon Labs' products include CeDeFi CDP USDa, Avalon CeDeFi Lending, and Avalon DeFi Lending.
📡 On January 9, Avalon Labs' Twitter announced that it will hold a TGE event for the AVL token in the near future.
