Aave and Compound Deep Dive

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The concept Aave and Compound are the two dominant lending protocols, and while they share the overcollateralized, utilisation-rate foundation from the prior two lessons, their market structures differ in ways that materially affect risk. Aave supports a large, shared pool of many assets with per-asset risk parameters, plus two notable features: eMode (efficiency mode), which lets users borrow within a……

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