debt
confidence high
sentiment neutral
materiality 0.65
Avalanche Treasury borrows $10M from Galaxy Digital, collateralized by 2.9M AVAX
Avalanche Treasury Corp
- $10M term loan from Galaxy Digital LLC, matures Jan 10, 2027, at 10.5% per annum.
- Collateral: ~2.9M AVAX tokens, initial collateral level 180%, held at Anchorage Digital Bank.
- Margin call rates: 170% (standard), 165% (urgent), 190% (refund).
- Staking limited: max 75% staked, min 25% liquid at all times.
- Proceeds used to pay down $10M of existing debt.