29min chapter

Bell Curve cover image

Sky Aave Force and the DeFi Renaissance | Stani Kulechov & Rune Christensen

Bell Curve

CHAPTER

The Rise of DeFi: Innovations and Collaborations

This chapter explores the early history and evolution of decentralized finance (DeFi) protocols, particularly focusing on the collaboration between Maker and Aave. It highlights the transition from idealistic roots to user-centered products, emphasizing innovations in stablecoins and decentralized risk management. The discussion further examines the competitive yet cooperative dynamics within the crypto space and the lessons learned from past centralized lending failures.

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