SLP451 Dissecting cRyPtO Scams and Outlook for 2023 with Brad Mills
Stephan Livera Podcast
00:00
Cryptocurrency and Decentralized Lending
DeFi is like decentralized lending then there was curve which was an interesting DeFi primitive they call it of like being able to make pools. The federal reserve acts as kind of like a liquidity pool between all these different bank monies and allows you to just have fungibility between any sort of like form of dollar right? They started making it so that you would get paid to use these protocols so that's where everything changed in summer 2020 and that's where they added the yield farming.
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