Aave Labs acquires Avon team to build out fixed-rate lending
Aave's acquisition of Avon could enhance DeFi's appeal to institutions by offering predictable lending rates, potentially reshaping the market. The post Aave Labs acquires Avon team to build out fixed-rate lending appeared first on Crypto Briefing.
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Acquisition
The purchase of one company by another, giving the buyer control of the target's business.
Acquisitions can speed growth for the buyer but raise competition and job concerns.
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A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
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