What is Avalon (AVL)

Learned by 4.8k usersPublished on 2024.04.01Last updated on 2025.02.12

0.17

-0.72%

  • Last Price0.17
  • All-Time High0
  • Turnover (24h)6.23M
  • All-Time Low0

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

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I. Project Introduction
Avalon Labs is creating an on-chain financial center for Bitcoin, offering a wide range of innovative solutions, including BTC-backed lending, a Bitcoin-backed stablecoin, yield-generating accounts, and even a credit card. The goal is to create a scalable, transparent, and accessible financial network that empowers Bitcoin holders and enables the use of Bitcoin as a dynamic economic asset.

AVL is the governance token of Avalon Labs ecosystem. Avalon Labs has redefined the landscape of Bitcoin-backed finance. From its beginnings as the world’s largest issuer of Bitcoin-backed CDPs, Avalon has continuously innovated to create a dynamic, Bitcoin-centered financial ecosystem. Starting with lending, Avalon expanded its offerings to include DeFi lending, CeDeFi fixed-rate models, and, most recently, the launch of stablecoins. This strategic progression, always driven by community demand, has positioned Avalon as the heartbeat of the next generation of on-chain finance. And now, with the introduction of AVL, we are taking community-driven governance to new heights, allowing users to actively shape the future of Avalon.
1) Basic Information

Name:Avalon(AVL)
III. Related Links
Whitepaper:https://docs.avalonfinance.xyz/
Official Website: https://www.avalonfinance.xyz/
Social Media:
https://twitter.com/avalonfinance_
https://t.me/AvalonLabs_Official

Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.

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