Maxim Galash 🛡️| Coinchange.io retweetou
This is huge for Aave and DeFi. Central banks are notoriously skeptical of onchain systems, yet the Bank of Canada conducted a full systemic research review on Aave’s resilience. The conclusion was that DeFi works remarkably well.
"Our analysis suggests that lending without traditional intermediaries is viable in a technical and operational sense. Aave V3 successfully matches borrowers and lenders, enforces collateral constraints through smart contracts, and maintains solvency without relying on trust, identity, or centralized enforcement. The system operates continuously, transparently, and with minimal overhead, demonstrating the potential of protocol-based credit markets."
Future of Finance.
RYAN SΞAN ADAMS - rsa.eth 🦄@RyanSAdams
New Bank of Canada report on Aave is mostly favorable, they're basically saying yeah, this DeFi thing actually works, and we now have data to prove it. A central bank endorsing a bankless bank. We're getting there.
English
