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Aave Labs acquires Avon team and technology for fixed-rate lending

NewsFeeds update

Aave Labs has bought the team and technology of Avon, including its fixed and variable rate lending protocol, on-chain order book and domain name, for an undisclosed sum. Prince Sinha and Ayush Kaul join its engineering team and Omar el-Ashaal its business development team.

AltcoinsChainCatcherAIBullish

Read the original on ChainCatcher

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.