I'm convinced that @megaethlabs Avon is about to flip onchain borrowing and lending on it's head

✍️ The state of onchain lending & borrowing today is a one-size-fits all situation,

- borrowers have to accept whatever rates or terms there are, 
- and lenders are limited by pools, with little control over their exposure or returns.

MegaETH is the first real-time blockchain, leveraging extreme node specialization to eliminate block gas limits and unlock continuous compute for developers. | Community page (not affiliated with MegaETH)

Navigating the Web3 Space to Profitability

Avon changes all this.

Instead of borrowers and lenders dealing with rigid conditions, Avon makes it possible for borrowers to specify what loan conditions they want, and match them with appropriate lenders, all in real-time.

This is expressive lending, a transparent real-time market where orders are made and fulfilled, with all asks and bids seen on Avon's Order Book.

🏷️ What does having a CLOB mean?
On Avon Borrowers can 
- see live lending quotes and choose what they're most comfortable with
- define their terms, ie set limit-orders and get it matched in real-time

Lenders can 
- create custom pools with their loan terms
- post lending quotes 
- fill borrowers asks that fit their preferred terms
- earn passively by depositing into pools

🏷️ But is Avon the first to use an Order Book?
The idea has been there, but the infrastructure not right. 

Now with MegaETH underneath, Avon has the capabilities to match loans in real-time.

🤔Think of it like this, if you need 1000 USDC, and want to use ETH as collateral, you'll have to go to a lending platform and select from their defined rates.

On Avon however, you define what you want, say a 1000 USDC loan with 3% interest and 70% LTV, and Avon matches you to the appropriate lender.