Aave DAO and Trident Launch $100 Million On-Chain Fixed Income Loan Product
Aave DAO, in partnership with Trident Digital, IntoTheBlock (ITB) and TokenLogic, has successfully deployed the first on-chain fixed-income loan, a $100 million dollar product that will provide a secure, balanced solution for both lenders and borrowers, explains Anthony DeMartino, Chief Executive Officer of Trident Digital. Anthony DeMartino, CEO of Trident Digital, explained that the new fixed income lending model will “provide borrowers and lenders with the certainty of a fixed rate and terms.
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