Aave V4 Deep-dive - with Stani Kulechov (Founder Aave Labs) & Hilmar Orth (Founder Gelato & Arrakis)

Описание: Aave Labs founder Stani Kulechov joins Gelato & Arrakis founder Hilmar Orth to discuss the evolution of DeFi lending from an early peer-to-peer model to Aave's revolutionary hub-and-spoke architecture.

They explore how lending protocols evolved from fixed rates to pools, why Aave outlasted centralized competitors like BlockFi and Celsius, and how V4 enables anyone to create custom lending strategies and maintains unified liquidity.

Want to understand the future of DeFi lending? Watch/listen for insights on risk premiums, institutional adoption, and how traditional assets will reshape on-chain finance.

Timestamps
00:00 – Introduction with Stani Kulechov
00:39 – Early days: Meeting at ETH Paris 2018/2019
02:00 – First on-chain lending (2016-2017)
05:14 – From peer-to-peer to pooled lending models
06:27 – Competing with Compound: Asset variety as differentiator
09:08 – COVID macro conditions fueling DeFi Summer
13:01 – Aave V3 innovations: eModes and cross-chain features
14:51 – Protocol resilience: $200M liquidations, outlasting CeFi
16:39 – Aave V4 architecture: Liquidity hubs and spokes
22:18 – User experience: Multiple risk profiles and entry points
27:20 – Individualized interest rates
30:00 – Hub and spoke scale: Expected ecosystem growth
31:43 – Future of DeFi: Traditional assets
33:51 – Opening the protocol: Institutional market creation
35:44 – Supporting developers: Solving liquidity access
36:54 – Release timeline