The Defiant - DeFi Podcast cover image

Sovryn's Edan Yago on Building Bitcoin DeFi; Slower Growth But Strongest Foundation

The Defiant - DeFi Podcast

CHAPTER

Defi Applications on Unbat Kind Right Now?

T v l is about people locking up their funds, and a lot of it is re hypothecated. Re hypothegated means that you'll lock up your funds in one place, and then you'll basically lock them up in another place. The way this works in defy is opposed to the financia wldiselit. You put your money into curve, and thenyou get curved tokens. You put the curved token somewhere else, andn the basis of that, you get a different token. There's there there different, like, measures of tival that discount re hypothecation. So i'm much more interested in how much people are transacting with each

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