Live AMA with Stani
summary
Covers Aave’s transition from an early lending PoC to a live protocol with roughly $50 million market size, explains the design and risks behind flash loans (implementation limits, reentrancy guard, and “over a dozen” real use cases), demonstrates a working collateral migration tool (collateralswap.com) and planned UniSwap-liquidity-backed pool, and digs into concrete yield-hacking patterns, liquidation failures on Black Thursday, gas and Layer‑2 fixes, plus practical audit and governance tradeoffs.
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chapters (10)
- 0:00Welcome and introductions
- 5:53Stani Kulechov background
- 15:41Origins and growth of Aave
- 21:33The concept of flash loans
- 27:40Understanding yield hacking
- 33:45DeFi security and risks
- 40:07Future of finance and DeFi
- 43:54Black Thursday and liquidity
- 50:13Standards and governance
- 55:45Closing thoughts and outlook
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