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Proud and genuinely happy to share this next chapter. For the past two years, We've focused on building the most capital-efficient defi protocol for borrowers.
The best way to get there is to build it with Aave on V4. Same mission, much bigger reach.
Huge thanks to @0xPrince @cryptographicas @saurabh_evm @mihir_1101 for everything we built together, and to everyone who used, tested, and supported us. Excited for what's next with @aave 👻
Aave Labs has acquired the team and technology behind @avon_xyz, one of the leading companies working on fixed-rate lending onchain.
The Avon team brings deep protocol engineering and market-structure expertise to Aave Labs as it expands onchain lending for a mainstream audience.
Ayush retweeted
JUST IN: Aave taps Avon acquisition for fixed-rate lending
The deal brings Avon’s engineering team and technology into Aave as it looks to add fixed-rate borrowing to its ecosystem, which has $33 billion in deposits and $13 billion in active loans.
Ayush retweeted
🔥 NEW: Aave Labs has acquired the team and technology behind Avon, one of the leading fixed-rate lending teams onchain.
The deal brings fixed-rate lending to Aave, which holds more than $33B in deposits.
Could fixed rates bring more institutions to DeFi?
opus 4.8 max has been running pr review for 60 mins got derailed once initially. Codex gpt 5.5 reviewed the same pr in 10mins tho it didn't find any issues
Ayush retweeted
Dear Avon community, thank you for your continued support.
We’ve made the difficult decision not to proceed with our MegaETH deployment.
MegaVault will be wound down in an orderly manner. If you have funds deposited, please withdraw at your earliest convenience. There is no lock up and no penalty.
More updates to come soon.