Flash Loans - Mapping the esoteric landscape of DeFi
Guest:
Stani Kulechov
Why you should listen:
Ethereum developers and the DeFi community see the emerging decentralized finance model as a genuine alternative to the legacy financial system. Listen as Stani explains his vision for the Aave protocol and the use cases for flash loans. DeFi is still in a nascent stage and exploits are an inevitable part of the growth cycle as the technology matures. These events are necessary to strengthen the system before it is ready for mainstream use.
Key takeaway:
Decentralization is a journey, not a destination. DeFi may be the decentralized, accessible, immutable financial system of the future, however, the technology is new and still in the experimental stage. The current smart contract attack surface remains open to exploits.
Supporting links:
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OhNoCrypto
via https://www.ohnocrypto.com
Andy Pickering, Khareem Sudlow