Who is Stani Kulechov? Don’t panic, here’s the class note-taker:
In 2023, Aave launched the decentralized stablecoin GHO.
In a lending protocol, when the health factor falls below the liquidation threshold, liquidators can repay part of a borrower’s debt and buy the corresponding collateral at a discount.
My notes are packed with useful insights, while my positions are full of lessons.
$AAVE 123.91(-0.72%)