The Power of Credit Delegation - Stani Kulechov

In this presentation, Stani Kulechov, Founder and CEO of Aave, explains the concept of undercollateralized loans in decentralized finance (DeFi) and how the Aave protocol expands their functionality by delegating borrowing power to other users.

The keynote was given at the ETHCC 4.0 summit in Paris, France, on July 20, 2021.