Aave

“So we saw this greater level of engagement. We saw a fast pace of innovation, and then we were tracking engagement with the protocol itself and really just saw that they were seeing a lot of adoption and outpacing Some of their peers really because of the new …”

“DeFi worked. DeFi didn't fail here. Maker is still going. Frax is still going. Ethereum is producing blocks. You can send money around using stable coins. You can still take money out of Aave. All the systems that are designed to be over collateralized and res…”

“And I think the other important thing to note is that during the volatility and downturns, when you had the failure of FTX and BlockFi and Celsius, all of these blockchain services worked perfectly. I should say the good ones, like Compound, Aave, Uniswap, Mak…”

“While there are defaults, as you would expect, there's been almost negligible loss given default because of the way the collateral is then liquidated in those scenarios.”

“Aave, as an example, now has close to thirty billion dollars of capital deposited in its platform and single digit billions, maybe perhaps over ten billion today now borrowed.”