Bankless SotN 7/6 - Compound & the DeFi Mullet | Robert Leshner
Jul 7, 2021
Robert Leshner, founder of the Compound Protocol, dives into the intriguing world of decentralized finance. He discusses the launch of Compound Treasury, aiming to bridge traditional finance with DeFi while simplifying access for institutions. The conversation examines the 'DeFi mullet' concept, highlighting fixed interest rates and daily liquidity. Leshner predicts a shift toward DeFi adoption by larger financial players as they see the advantages smaller institutions are enjoying. Join him as he explores the evolving landscape of finance!
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DeFi Mullet
- The DeFi mullet represents a blend of traditional finance (TradFi) and DeFi.
- It combines familiar TradFi elements with the innovative backend of DeFi.
Compound Treasury Simplifies DeFi
- Compound Treasury offers institutional clients access to DeFi yields without the complexity.
- It simplifies the process to dollars in, dollars out, abstracting away crypto interactions.
Decentralized Access
- Compound Treasury and the Compound Protocol are distinct entities.
- Anyone can build products like Compound Treasury; Compound Labs holds no special privileges.