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Avalon Labs Airdrop: tasks and status
About the project
Avalon Labs is a decentralized finance platform focused on providing lending solutions across multiple blockchain ecosystems. Its core offering is a decentralized lending protocol, which uses an isolated lending pool mechanism to manage risk more effectively by segmenting collateral into different risk categories. This structure helps ensure that liquidity risks associated with various assets are managed independently.
The platform employs a CeDeFi (Centralized-Decentralized Finance) approach, incorporating centralized exchanges for liquidity and risk management while maintaining the transparency and decentralization of DeFi. Avalon also implements advanced risk management systems, including liquidation algorithms that ensure efficient handling of high-risk scenarios by selling off collateral when necessary to maintain system stability.
Funding
$11.5M raised · 17 investors
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YZi Labs (Prev. Binance Labs)
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Paul Taylor
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Framework Ventures
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Kenetic Capital
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SNZ Holding
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Spark Digital Capital
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Matrixport
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Comma3 Ventures
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UTXO Management
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Web3Port Foundation
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Antalpha Global
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GeekCartel
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Summer Ventures
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Presto Labs
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Marblex
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Trinito
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Taiko
Step-by-step checklist
These tasks are available in the CoinDropster dashboard: exact links, progress tracking and deadlines — open the app to see the checklist.