minute 43. back in the day at curve we did have an internal discussion whether we should have a 'mega vault' design like balancer. in the end my general idea here was that nobody likes their pristine assets hanging out with riff raff, and so we ditched the idea. cool to see that aave had the same intuition (of course they did the research).
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Scroll9.8. klo 01.37
.@aave just crossed $60B in TVL - and is the first DeFi protocol ever to do it. @The3D_ walks through how the protocol works, why people borrow crypto to buy cars, and what's coming in V4. Timestamps: 00:00 - Aave’s beginnings and ETHLend 03:53 - How collateral and borrowing work 07:48 - Lessons from the 2020 crash 08:50 - Governance and upgradability 11:32 - Why Aave launched GHO 15:03 - GHO’s peg and design trade-offs 17:47 - Facilitators and minting flexibility 23:45 - Scaling and liquidity challenges 28:01 - Yield mechanics with esGHO 31:14 - RWAs and the Horizon Initiative 39:20 - Capital efficiency vs risk 42:34 - Aave V4 architecture
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