Aave DAO has partnered with Trident Digital, IntoTheBlock, and TokenLogic to launch a $100 million on-chain fixed income loan.

ChainCatcher news, according to Cointelegraph, Aave DAO has successfully deployed the first on-chain fixed income loan in collaboration with Trident Digital, IntoTheBlock, and TokenLogic, with a product value of 100 million dollars.

This collaboration aims to provide secure and stable investment options for lenders and borrowers, mitigating the volatility and risks of traditional markets. Trident Digital CEO Anthony DeMartino stated that this new fixed income loan model offers certainty to market participants through fixed rates and terms, helping to reduce market uncertainty and volatility.