Most folks still don’t get how early we are in BTCFi. The real unlocking of BTC in DeFi hasn’t even started in my opinion. That’s why I’ve been closely following what Avalon is building, and here’s why it matters 🧵 👇 In a simple manner, Avalon is stitching together the BTC capital base with real yield mechanics, fixed lending, and stablecoins backed by U.S. Treasuries, and it’s doing it with intent. Let’s break it down: → Fixed-rate BTC-backed loans at 8%. You stake $BTC as collateral, borrow $USDa without selling the top, and pay a predictable cost of capital. It’s simple, trust-minimized, and built for long-term holders who actually use their stack. → $USDa is where things get spicy. A Bitcoin-backed, yield-bearing stablecoin collateralized by tokenized T-bills via BlackRock’s BUIDL fund. → Staking $USDa mints sUSDa, which earns ~5% yield from fixed borrowing costs and treasury exposure. It’s liquid, composable, and tracks a predictable return stream, which is a better base asset for DeFi than idle stables, in my opinion. → Then there’s the $AVL token. Staking $AVL reduces your borrowing rates, gives you fee rebates, and boosts your access to future campaigns. With 170%+ APY right now and a clear use case loop, it’s one of the few tokens in this cycle with actual design behind the emissions. Now let’s talk incentives: Campaigns from @avalonfinance_ aren’t random yield farms. They’re tightly tied to $USDa adoption, $AVL staking, and pushing $BTC deeper into capital markets: • 50K $AVL up for grabs on @PulsarMoneyApp • 10K $AVL for staking $USDa on @berachain • 46% APR on Pendle for voting on the sUSDa pool You don’t have to max leverage or farm like a degen to benefit here. Just understanding how to rotate between $BTC, $USDa, and sUSDa already opens up safer, more capital-efficient strategies.