Summary: Stani Kulechov, founder and CEO of Aave, joins the podcast to talk about the recent launch of their new DeFi protocol. Aave is an open source and non-custodial protocol to earn interest on deposits & borrow assets. We talk about how Aave differs from other DeFi products such as Compound and Maker. Stani explains how Aave brings new features to DeFi such as flash loans and aDai which both have the goal of utilizing more of the lending pools. Flash loans seem like a revolutionary money lego.
