"Aave Founder: What's the Secret of the DeFi Lending Market?" (Author: Stani.eth; Translated by: Ken, Chaincatcher) Stani Kulechov believes that the core advantage of DeFi lending lies in restructuring the cost structure. Through automation with smart contracts, transparent pricing, and permissionless capital aggregation, on-chain lending can achieve approximately 5% financing costs, significantly lower than the 7%-12% range of centralized institutions. The current bottleneck is not a lack of capital but limited high-quality collateral. In the future, as crypto-native assets and real-world assets are brought on-chain, lending processes will become fully software-driven, and DeFi is expected to evolve into a lower-cost financial infrastructure. Read more: https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=47&id=57050