This collaboration will help BitFi users make full use of the innovative DeFi solutions provided by Avalon Labs and comprehensively improve staking returns. At the same time, it will introduce more Bitcoin assets into the Avalon Labs ecosystem and further enhance liquidity in the BTCFi field.
Article author: BitFi
BitFi announced today that it has reached a strategic partnership with BTC ecosystem lending protocol Avalon Labs, and the two parties will deepen their cooperation in the fields of DeFi and BTCFi. This cooperation will help BitFi users make full use of the innovative DeFi solutions provided by Avalon Labs to comprehensively improve staking returns, while introducing more Bitcoin assets into the Avalon Labs ecosystem and further enhancing liquidity in the BTCFi field.
As a leading project in the BTCFi space, Avalon Labs is committed to providing Bitcoin holders with diversified liquidity and yield opportunities. Currently, Avalon Labs' total locked value (TVL) has surpassed $1.8 billion, with USDa's locked value exceeding $700 million since its launch, demonstrating its tremendous potential in the market.
BitFi focuses on providing users with real Bitcoin yields, achieving outstanding long-term stable annualized returns with industry-leading CeFi strategies. Driven by the recent bull market, short-term APY has reached up to 20%. This deep collaboration with Avalon Labs will further enrich BitFi's DeFi application scenarios, potentially bringing users over 50% in comprehensive annualized yield potential, significantly enhancing the growth momentum of asset returns and helping users embark on a new chapter of earnings.
About BitFi
Bitfi is a cryptocurrency asset management platform that combines traditional financial strategies with decentralized finance innovations, focusing on providing users with secure, easy-to-use, and high-yield Bitcoin staking services. With its innovative CeDeFi yield model, Bitfi has become the preferred platform trusted by Bitcoin holders worldwide.
About Avalon Labs
Avalon Labs is a leading lending protocol in the BTCFi space, dedicated to helping Bitcoin holders unlock liquidity and maximize returns through innovative DeFi solutions, driving the future development of the BTCFi ecosystem.
