One week after Avalon Finance was deployed on the Bitcoin public chain Bitlayer, TVL broke through 30 million US dollars
One week after the Bitcoin lending protocol Avalon Finance was deployed to the Bitcoin public chain Bitlayer, its Total Value Locked (TVL) exceeded $30 million, and the current total TVL has reached $250 million. Previously, Avalon Finance was officially deployed to the Bitcoin public chain Bitlayer on May 8th and began to support various native assets of Bitlayer, including bitUSD stablecoin issued by bitSmiley.
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