The decentralized finance (DeFi) market has integrated new innovations that combine blockchain technology and traditional finance. A recent event in the segment is the
Avalon Labs, a bitcoin-backed DeFi platform’s new token $AVL.
On 6 February, the $AVL Airdrop was concluded on Binance. Therefore, the door to great earnings and opportunities is opening.
What is Avalon Labs?Avalon Labs: Revolutionizing Bitcoin Finance Powering ₿itcoin On-Chain Capital Markets.
Avalon Labs is rapidly emerging as the dominant force in the Bitcoin-backed CDP space and the largest money market for Bitcoin derivatives.
- A stablecoin solution – Stemming volatility in the market by providing a stable solution.
- Yield accounts – Enabling the users to earn passive income on their crypto holdings.
Avalon Labs uses Bitcoin as the base collateral and combines it with flexible DeFi solutions, making its services appealing to crypto investors who want to gain new financial opportunities.
Avalon Lab’s New $AVL Governance TokenThe newest governance token $AVL by Avalon Labs is aimed at empowering the community and building the Avalon ecosystem. $AVL token holders receive voting rights, enabling them to make important decisions and control the future direction of the platform.
$AVL goes beyond governance by providing real benefits such as rebates, special loans, and bonus tier allocations, further improving the user experience within Avalon.
With the earning capabilities still in stock after the airdrop on Binance, its primary focus is sharing the platform in order to broaden its scope of earnings. Additionally, TGE is set to be around the corner so these earnings should increase relatively soon.
Twitter Post [nofollow]Avalon Labs is gearing up for the launch of its governance token, $AVL, scheduled for February 12.
As a Bitcoin finance hub, Avalon offers a BTC-backed stablecoin, $USDa, and provides staking opportunities with attractive annual percentage yields (APY).
By staking USDa, users can earn a total of 45% APY, divided into:
- 20% in USDa
- 25% in $AVL tokens
This initiative not only incentivizes participation but also integrates users into Avalon's growing ecosystem.
The introduction of $AVL marks a significant milestone, empowering the community with governance capabilities and aligning stakeholders with the platform's future developments.
AI KAITO’s Pre-TGE Arena surrounds $AVL, which is already Kaito AI’s top gainerKaito is a platform that hosts unstructured information from Web3 and utilizes AI to create actionable insights from the retrieved data.
It provides an index of various Web3 content such as:
- Social media
- Governance forums
- Research papers
- News articles
- Podcasts
- Conference speeches
This makes it easy for users to stay updated in the world of blockchain information.
KAITO AI’s Token and Narrative MindshareIt’s a known fact that the Web3 space is cluttered with irrelevant information, making it frustrating to stay on top of things.
The Token mindshare feature specifically monitors the attention tokens receive over a given period.
They track:
- Tokens that are gaining attention
- Tokens that are losing value
Moreover, their narrative mindshare allows users to understand popular stories and developments within the Web3 space, enabling them to make well-informed investment and strategic choices.
Twitter Post [nofollow]Even on such a useful and innovative AI-powered platform, $AVL shows its strength.
Get your hands on some $AVL and start sharing!Avalon Labs has made strides in the DeFi space by combining Bitcoin’s security with decentralized financial services.
This combination is particularly important as it broadens the use of Bitcoin beyond mere storage of value.
Avalon’s BTC-backed stablecoin,
$USDa, offers a reliable hedge against volatility while also having the perks of decentralization, unlike other DeFi platforms that depend on Ethereum-based assets.
Additionally, the governance model powered by
$AVL enables a community-driven approach, allowing users to collaboratively decide the future direction of the platform.
With the rise of the need for a supplementary financial alternative,
Avalon Labs could lead BTC-based DeFi solutions and serve as a foundation for deeper integrations and broader usage by the general public.
How to Acquire and Make Use of $AVLFor $AVL, users are starting to look for ways to earn more with the governance token after a successful $AVL airdrop on Binance.
Users who missed the airdrop still have ways to get into Avalon:
- Purchasing $AVL - Users will be able to buy and sell the token on major exchanges right after TGE.
- $USDa Staking – Users can stake their USDa backed with BTC and earn as much as 45% APY (20% in USDa, 25% in $AVL).
- Governance Participation – Voting is possible with $AVL tokens, enabling users to vote on policies, proposed updates, and changes in incentives.
- Exploitation of Other Benefits – Avalon users could receive rebates, special loans, and investment offers exclusive to $AVL holders.
As with the best emerging digital assets, $AVL participation features will be more prominent within the Avalon ecosystem.
These properties make the token interesting for long-term investors and DeFi participants.
Grab the opportunity before it is too late!Website: Avalon Finance [nofollow] Twitter: Twitter Post [nofollow] Discord: Join Discord [nofollow] Telegram: Join Telegram [nofollow] Medium: Avalon Medium [nofollow]