Aave (AAVE)

It’s been a little less than a month since my official start at @aave. A few quick observations:

1. DeFi is the use case for blockchains and is much more welcomed among institutions and fintechs than I even expected.

2. QC backed lending will provide the next growth spurt for DeFi lending - Aave will win here.

3. The old game that chains played for logo slapping is now happening to DeFi protocols. Astute players will price deals wisely and have a way to monetize or just watch their token go into oblivion. Lot of smoke and mirrors here.

4. Receivables financing is a tangible use case for DeFi to step in, really helps if the player is willing to put the full dataset on chain

5. DeFi lending will essentially redefine how prime brokerage works ($25B revenue industry)

6. Aave has work to do on BD side. It’s getting fixed and will be a sight to see.

7. @StaniKulechov is actually a beast - impressive ability to grind.

12 assets, $GHO from day one, and a $15M incentive package from the Monad Foundation.

TokenLogic has submitted an ARFC to deploy Aave on @monad.

Breakdown below ↓ 🧵 https://t.co/y6v4shh9r9

Active loans on @aave V4 have grown every week since launch. Even under security-first supply/borrow caps, V4's unique market structure is quickly attracting users. https://t.co/sbSHhsdRiY