The Future of Finance is Decentralized
summary
Aave v2 is a liquidity-pool lending protocol with flash loans that can borrow an entire reserve in one transaction, plus on-chain credit delegation that lets depositors grant borrowing power to contracts or parties. Key facts: launched v1 Jan 2020, v2 adds collateral/deposit swaps built on flash loans, aTokens (aUSDC etc.) that auto-increase balance, tokenized nontransferable debt, separate voting vs proposal delegations, roughly $5–5.5B TVL and ~$1.5B staked in the safety module.
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chapters (15)
- 0:00Intro
- 0:48Traditional lending model
- 1:44Liquidity poolbased model
- 2:45Main market
- 4:53D5 growth
- 6:17Market size
- 7:15Staking
- 8:27Main features
- 9:12AAVE v2
- 13:33Futures Finance
- 14:43Deposit
- 16:16Interest Rate
- 17:42Credit Delegation
- 19:31Flashlights
- 20:36Governance
