# Avalon Labs > Powering Bitcoin On-Chain Capital Markets Avalon Labs creates Bitcoin-backed financial products through its CeDeFi platform, including USDa stablecoin and Bitcoin collateralized lending services. Avalon Labs creates an on-chain financial center for Bitcoin holders through its hybrid CeDeFi platform. With it, users can access Bitcoin-backed lending, mint USDa stablecoin using BTC collateral, and earn yield on Bitcoin assets. - Type: Company - Sector: Finance - Status: Active - Founded: 2024-02-01 - Profile: https://thegrid.id/profiles/avalonfinance_xyz ## Products - [USDaLend](https://thegrid.id/profiles/avalonfinance_xyz): USDaLend provides decentralized lending services backed by USDa credit lines, allowing users to lend and borrow Bitcoin-backed stablecoins with stable and transparent rates across multiple blockchain networks. (Decentralised Borrowing & Lending, Live) - [Avalon USDa](https://thegrid.id/profiles/avalonfinance_xyz): Avalon USDa platform mints USDa stablecoin through Bitcoin collateralization, enabling users to deposit FBTC or USDT to generate USDa at 1:1 ratio with 8% fixed borrowing rate and conversion guarantee to USDT. (Stablecoin Issuer, Live, Main Product) - [Avalon DeFi Lending](https://thegrid.id/profiles/avalonfinance_xyz): Avalon DeFi Lending provides decentralized liquidity protocols for Bitcoin Liquid Staking tokens and Bitcoin derivatives, creating yield opportunities for Bitcoin holders through isolation pool mechanisms. (Decentralised Borrowing & Lending, Live) ## Assets - [USDa (USDa)](https://thegrid.id/profiles/avalonfinance_xyz): USDa is a USD-pegged stablecoin issued by Avalon Labs, collateralized entirely by Bitcoin. It is used to unlock liquidity from Bitcoin holdings at a fixed borrowing rate, and for collateral in DeFi applications. The stablecoin operates as a collateralized debt position, meaning it is minted by users who deposit BTC as collateral into the Avalon platform, ensuring each token is backed by more value in Bitcoin than the USDa issued. (Stablecoin) - [sUSDa (sUSDa)](https://thegrid.id/profiles/avalonfinance_xyz): sUSDa is a yield-bearing token received when depositing USDa into Avalon's savings vault. It is used to earn yield sourced from USDa borrowing rates and revenues from Avalon's lending platform. The token grows in value over time rather than increasing in quantity, meaning each sUSDa becomes worth more USDa as the vault accumulates earnings from lending activity. (Liquid Staking Tokens (LSTs)) - [AVL (AVL)](https://thegrid.id/profiles/avalonfinance_xyz): AVL is the governance token of Avalon Labs, a Bitcoin-backed finance platform. It is used to vote on protocol decisions including token emissions and fee parameters, and holders can stake it to receive sAVL for fee rebates on borrowing costs. Staking AVL grants governance rights through sAVL, allowing holders to vote on AVL emissions, new products, protocol updates, and loan parameters that shape the platform's development. (Governance) ## Links - [Main](https://www.avalonfinance.xyz) - [Documentation](https://docs.avalonfinance.xyz) - [Blog](https://medium.com/@avalonlabs) - [Media Kit/branding](https://docs.avalonfinance.xyz/resources/avalon-media-kit) - [Whitepaper](https://docs.avalonfinance.xyz/resources/micar-white-paper) - [Privacy policy](https://docs.avalonfinance.xyz/resources/private-policy) - [Terms of Service](https://docs.avalonfinance.xyz/resources/terms-and-conditions) - [Twitter / X](https://x.com/avalonfinance_) - [Discord](https://discord.gg/AvalonLabsDiscord) - [Telegram](https://t.me/AvalonLabs_Official) - [GitHub](https://github.com/avalonfinancexyz) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. 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