Stani Kulechov said that one of the challenges in the ecosystem is that there’s less backing in decentralized stablecoins compared to centralized ones.
At the 2023 StarkWare conference at the Carmeli Theatre in Tel Aviv, Stanni Kurekov, founder of the decentralized Finance (DEFI) agreement AAVE, described some of the problems in the field of DEFI.
In a hearth chat titled "Defi: resilience to global uncertainty," Rashev and Alex Vorster, executive editor of Cointelegraph, discussed a variety of topics, including Defi comparing risks with traditional finance (TradFi) and how stable investments led to more Defi being chosen.
According to Kurekov, Defi is more accurate than TradFi products in quantitative analysis of risks, which may promote further interior space selection. The AAVE founder explained that operating in Defi would be cheaper than TradFi because the risks were easier to identify. "he said," he said.
With all the visibility you have, you can actually quantify the risk more accurately, which means that the environment you live in should be cheaper for you because the risk is more widely known.
When asked how to get people who must be so skilled into the Defi field, Kurekov stressed that stabilizing income and payments may have played an important role. According to AAVE executives, creating a "payment layer" involving smooth code is likely to attract ordinary people into the field and eventually introduce them to Defi.
"it's more important to create a payment layer, and then all the Defi loops are gradually shut down, because you have a way to ease the value of goods," he said. In addition, Kurekov also mentioned that further driving the innovation curve can get rid of more choices.
However, AAVE executives are also aware of some of the problems in the indoor space of smooth farming plants, including the value of the ecosystem and the pledge of scattered stable farms. Kurekov explained:
"the problem at this stage is that there is no certain use value in the ecosystem, and there are fewer and fewer backbone in a scattered and steady way compared with centralization. I think this is a problem we are facing at this stage.
The AAVE founder added that what he called "highly stretched" smooth bonds were overmortgaged.
When asked that Defi will be a hot topic in the near future, the founder of the AAVE agreement expressed confidence in the space for a long time. He said:
Defi will be around for a long time as he overcomes one of the first challenges that blockchain technology has been dealing with. Moreover, this is a kind of infrastructure construction that will be commonly used in many applications.
The founder focused on a lot of new indigenous innovation in the field, and even finding ways to get into non-bank applications.