Kevin Miao says onchain lending could return 10%-16% of loan value
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Kevin Miao argued at Avalanche Summit 2026 that Tare’s onchain lending model could reduce intermediaries and direct more value to borrowers.
Miao said intermediaries currently account for 10% to 16% of a loan’s value.
Tare is building consumer lending infrastructure natively on Avalanche, while Aave V4 launched on the network in July 2026 for lending involving tokenized assets.