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Clearpool announces its strategic expansion to the Avalanche platform, introducing Credit Vaults, a groundbreaking product designed to redefine on-chain borrowing. Credit Vaults cater to the needs of fintech and payment companies, offering them the flexibility to set their own loan terms, including interest rates and repayment schedules. This innovation promises higher APYs for lenders through full utilization, positioning it as a win-win for all parties involved. With the backing of Ava Labs and a partnership with Banxa for the first Credit Vault, Clearpool is set to transform fintech lending by providing short-term, liquid options and leading the charge towards a more accessible, efficient, and scalable DeFi lending ecosystem.
