Aave founder: The Aave thinking model can become a pillar of any real-world credit

2024-08-25 18:40:02
Collection

ChainCatcher news, Aave founder Stani Kulechov posted on social media, "The thinking model about Aave is that it can become a pillar of any real-world credit. I see the way credit grows on Ethereum is through local/global examples.

Local: Tokenizing credit based on local qualifications (such as local credit agencies, ORCA, etc.) and new innovative facilitation methods. This is where real people (or AI agents) obtain funding.

Global: Using these tokenized credits as collateral in Aave to unlock value, so that more loan funds can be provided to more people in the local category. This is where funders gain pillar liquidity.

This model can be applied to various credit scenarios, whether it’s loans within a community or loans on Wall Street. It could become the most transparent, resilient, and accurately priced credit market."

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators