BitFi and Avalon Labs reach strategic cooperation to promote the development of BTCFi ecosystem

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MetaEra
11 hours ago
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This collaboration will help BitFi users fully leverage the innovative DeFi solutions provided by Avalon Labs, comprehensively improving staking returns, while also introducing more Bitcoin assets into the Avalon Labs ecosystem, further enhancing the liquidity in the BTCFi field.

Author: BitFi

BitFi today announced a strategic partnership with the BTC ecosystem lending protocol Avalon Labs, and the two parties will deepen their cooperation in the DeFi and BTCFi fields. This collaboration will help BitFi users fully leverage the innovative DeFi solutions provided by Avalon Labs, comprehensively improving staking returns, while also introducing more Bitcoin assets into the Avalon Labs ecosystem, further enhancing the liquidity in the BTCFi field.

As a leading project in the BTCFi field, Avalon Labs is committed to providing Bitcoin holders with diversified liquidity and yield opportunities. Currently, Avalon Labs' total locked value (TVL) has exceeded $1.8 billion, with the USDa lock-up volume exceeding $700 million since its launch, demonstrating its huge potential in the market.

BitFi focuses on providing users with real Bitcoin returns, and with its industry-leading CeFi strategy, it has achieved long-term stable annualized returns. Driven by the recent bull market, the short-term APY has once reached 20%. This in-depth collaboration with Avalon Labs will further enrich BitFi's DeFi application scenarios, and is expected to bring users a comprehensive annualized yield potential of over 50%, significantly enhancing the growth momentum of asset returns, and helping users embark on a new chapter of earnings.

About BitFi

Bitfi is a crypto asset management platform that combines traditional financial strategies with decentralized finance innovation, focusing on providing users with secure, easy-to-use and high-yielding Bitcoin staking services. With its innovative CeDeFi yield model, Bitfi has become the preferred platform trusted by global Bitcoin holders.

About Avalon Labs

Avalon Labs is a leading lending protocol in the BTCFi field, committed to helping Bitcoin holders unlock liquidity and maximize returns through innovative DeFi solutions, driving the future development of the BTCFi ecosystem.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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