Sky Aave Force and the DeFi Renaissance | Stani Kulechov & Rune Christensen
Episode publishedPodcast: Bell CurveBell Curve
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I mean, the value comes from executing and and, you know, some like, nothing else really matters. So I think, you know, like, I think it's more like this is just the natural the nature of crypto, of greed, of markets, and so on. On. But and and what's amazing is now that's coming full full circle. Right? And the the the market and the industry and the community is, like, waking up to the fact that, okay. This is ultimately, this is where the real value is.
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everyone. Welcome back to another episode of Bell Curve. Before we jump in, quick disclaimer. The views expressed by my co host today are their personal views, and they do not represent the views of any organization with which the co hosts are associated with. Nothing in the episode is construed or relied upon as financial, technical, tax, legal, or other advice. You know the deal. Now, let's jump into the episode.
Guys, welcome to, an episode of Bell Curve here. We're doing this live. This is actually the first live recording that we've ever done, at the BlockWorks office here. We got Stony and Rune. Guys, welcome. Thank you. Thank you.
Thank you.
Pumped that we could make this happen, guys. The in person is much better than the, virtual, I think, for the podcast recordings. So I I actually we're we're gonna be talking about the Sky AAVE force, and I want to end this conversation on kind of a state of the union of DeFi, DeFi Renaissance, etcetera. But before we get there, I actually wanted to rewind the clock back a little bit and just get a sense of the history of originally Maker, now Sky and Aave, and how you both kind of came up together as protocols when you launched around the same time in 2018, 2019 time frame. So could you guys
mean, Rune, you have more history, and and, you were much more earlier with Maker. So maybe, you can start. Well,
if you go all the way back to, like, the really early days of of of Ethereum, basically, I think the thing that really marks it is that there was just no money in crypto at that point. Right? So everybody who worked in crypto were, like, idealists and sort of, like, crazy technologists. There was no, like, business case or, like, you know, it was all, you know, you had to be so crazy and sort of have this, like, sort of crazy vision. I'm like, oh my god. One day it's just No.
It was debating value capture back then. We were just trying to make sure
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