https://jorickdefraine.github.io/blog/aave/Recent content in Aave on Jorick DefraineHugoen-usCopyright © 2020, Jorick Defraine.Wed, 28 Sep 2022 00:00:00 +0000https://jorickdefraine.github.io/analysis/how-defi-lending-works/Wed, 28 Sep 2022 00:00:00 +0000https://jorickdefraine.github.io/analysis/how-defi-lending-works/<p>Traditional finance runs on intermediaries. You want to borrow money? Go through a bank. Want to earn yield on your savings? Give it to a bank and hope they don&rsquo;t blow it up. DeFi promised to change this by replacing trusted intermediaries with code. But how does it actually work?</p>