Aave Founder explains why $1 Trillion will flow into DeFi | Stani Kulechov & Santiago Santos

In this episode of Empire, Jason is joined by Aave founder/CEO Stani Kulechov & technology investor Santiago R Santos. Sitting at the forefront of the fast evolving DeFi ecosystem, we invited Stani & Santiago on to Empire to share their thoughts on the exponential growth and assess whether DeFi has hit escape velocity.

This conversation was fascinating and covered a range of topics including how DeFi managed to attract $100 Billion of total value during the 2020 DeFi summer, when $1 trillion of value will be locked in DeFi, how social media could be decentralised in the web 3.0 transition, NFT’s, Stani & Santiago’s outlook for the end of year bull market & so much more.

Avalanche:
Thank you to Avalanche for sponsoring Empire. Avalanche is one of the best and fastest growing smart-contract platforms in the industry.

Learn more about them at https://www.avax.network/
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ParaSwap:
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Timestamps:
00:00・Introduction
01:11・$100 Billion of value locked in DeFi
09:07・The current DeFi ecosystem
12:39・Is DeFi a trojan horse?
14:56・How to decentralize social media
17:08・Collateralized vs Undercollateralized loans
21:38・The path to $1 trillion of value in DeFi
25:00・NFTs
29:09・Avalanche Ad
30:14・Paraswap Ad
31:44・Tokenizing real world assets
37:14・Bull vs bear markets
39:55・Outlook for the 2021 bull market