What is Avalon Finance?
Avalon Finance strives to become the best decentralized lending protocol on BTC layer 2. It has been launched on MerlinChain.
It comprises three key components:
- Overcollateralized lending: A foundational lending protocol with an isolation pool mechanism supporting a wide range of assets, both major and less liquid, as collateral.
- Algorithmic stablecoin based on lending: An overcollateralized algorithmic stablecoin leveraging the lending protocol to optimize capital efficiency for users.
- RWA lending: An innovative lending protocol which is tailored for both permissioned RWA and permissionless RWA to maximize capital efficiency and yield farming