In this conversation, Michael Bentley, co-founder and CEO of Euler Finance, shares his insights from his background in dynamical systems at Oxford to revolutionizing DeFi. He reflects on the 2008 financial crisis and its impact on innovations in decentralized finance. Bentley discusses interest rate design using control theory, the critical role of credit in economic systems, and the unique features of the Euler protocol. He also draws parallels between natural selection and the evolution of lending protocols, highlighting the importance of cooperation in both finance and biology.

Michael Bentley, Co-Founder & CEO of Euler, shares his journey from research scientist to crypto lending innovator. He discusses the evolution of decentralized lending, highlighting the launch of Euler v2 and its modular approach to finance. Bentley dives into the interplay of DeFi and biological concepts, explaining autonomous interest rate settings. He reflects on resilience learned from a significant security exploit and touches on the future of DeFi with growing institutional involvement and new innovations like Uniswap v4.

Michael Bentley, co-founder of Euler Labs, reflects on the $200 million hack and the security enhancements in Euler V2. They discuss the journey from evolutionary theorist to DeFi innovator, the recovery process post-hack, enhancing security in Euler V2, risks in crypto credit markets, and tokenization of real-world assets in DeFi.