In this episode, Bobby Ong, co-founder of CoinGecko is joined by Stani Kulechov, Founder and CEO of Aave. Bobby interviewed Stani on Aave, its Flash Loans, its aTokens as well as Aave’s upcoming plans.
[00:00:54] History of Aave
[00:03:56] Flash Loans
[00:10:51] Differences between aTokens from Aave and cToken from Compound
[00:18:02] How is the variable interest rate and stable interest rate set on Aave?
[00:25:10] Aave’s plans with respect to its governance
[00:26:31] Importance of rewarding Aave token holders
[00:33:16] Ideas for developers to build on top of Aave
[00:39:02] What can Aave do with the Electronic Money Institution (EMI) license?
[00:40:42] Upcoming news to expect from Aave
Quotes from the episode:
“One of the biggest Flash Loan days we have probably like 133 million worths of Flash Loans, a day.” [00:08:07]
“If you go into a mindset where Ethereum is a database and basically you can change the database and make it work for you kind of like put away the limitations.” [00:16:01]
“We are actually building the version two. It’s actually now audited by five different auditors at the moment and we expect it to be released in the, quite soon.” [00:40:51]
Aave – https://aave.com/
CoinGecko – https://www.coingecko.com/
Aave (LEND) on CoinGecko – https://www.coingecko.com/en/coins/aave
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