Lending Protocol Taxonomy, part 1: Interest Duration
djma.substack.com
Ever since the lending protocol Compound kicked off defi summer in 2020, countless lending protocols have popped up. Many were forks. But some introduced new mechanisms to push the space forward. This blog series will attempt to put a taxonomy on the zoo of lending protocols. Although Aave and Compound are still leading the market in TVL, it is an interesting exercise to understand what innovations are still hidden in the long tail of the market.
Lending Protocol Taxonomy, part 1: Interest Duration
Lending Protocol Taxonomy, part 1: Interest…
Lending Protocol Taxonomy, part 1: Interest Duration
Ever since the lending protocol Compound kicked off defi summer in 2020, countless lending protocols have popped up. Many were forks. But some introduced new mechanisms to push the space forward. This blog series will attempt to put a taxonomy on the zoo of lending protocols. Although Aave and Compound are still leading the market in TVL, it is an interesting exercise to understand what innovations are still hidden in the long tail of the market.