Aptos x Aave | Redefining DeFi Beyond EVM

Recorded: Jan. 17, 2025 Duration: 1:01:09
Space Recording

Full Transcription

When we're thinking about
build something,
pinpoint one network,
and when we're in the
we're going to say,
token standards,
and we're in the
the whole ecosystem.
use cases, you know,
and we're in the
and we're in the world,
and we're in the
and we're in the world,
we're in the world,
and we're in the world,
and we're in the world,
and we're in the world,
and we're in the world,
and we're in the world,
we're in the world,
because the most,
and we're in the world,
we're in the world,
and we're in the world,
and we're in the world,
and we're in the world,
and we're in the world,
and we're in the world,
and we're in the world,
and we're in the world,
and we're in the world,
and we're in the world,
and we're in the world,
and we're in the world, and we're in the world,
and we're in the world,
and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in the world, and we're in
native UCT, things that are familiar to many users.
So yeah, I'm quite happy with the progress.
And I do think that the whole user experience aspect here
is really interesting.
Yeah, having that friendly user experience for retail users
and people who are using it, who really, if we're building things
for everyone to use in the world, we don't want it to be that confusing
or the barriers to entry that come into it.
And I think you brought up a good point also about the stables,
having native stables bring some familiarity from the other ecosystems
as well as some things that people can trust to help along with things
like Aave and other DeFi protocols.
Yeah, and I have mixed opinion on this.
Because it makes sense to have the same assets
and kind of like a shared DNA across all these other networks.
And I do think that's good because you might want to use the same stablecoin
and it's simple, you can trust Circle or whatnot.
But at the same time, during this project, I realized that, you know,
having its own, like an ecosystem having its own peculiarities
and differences is actually really cool.
Not just like assets, but also like in terms of opportunities and restrictions
that how you, for example, build on Move and what you can build.
And I think that's really important because that's how also our offering
at Aave can actually differentiate.
So the future versions of Aave, for example,
they don't need to look the same as on EVM.
So we tried to build the Move implementation
in the mind of being as close to the Solidity implementation as possible.
But whenever we had a kind of like a compromise
between the Solidity implementation
and making something that is more aligned for Aptos,
we made that decision to align more with Aptos
because then we can actually kind of like,
we build from the perspective of having a reference
of something we built earlier on Solidity,
but we're building like the best thing we can build for Aptos.
And going forward, we're going to go more towards this way
where the actual implementation might look a little bit different
and the features also might be even different from the EVM implementation.
Stani, it sounds like you're dropping a little bit of future alpha.
I mean, do you have any thoughts on what we could do
with the next version of Aave that have specific features
that could benefit users with Aptos and Move?
I really want to look into the time components quite a lot
and also more better pricing of the interest rates.
I think that's an area where we'll be focusing quite a lot.
I do think that we have to bring Go into Aptos as well
because it's going to be that strong decentralized alternative
to these more centralized stable coins.
But I do think that the element of being able to trade
that kind of like exposure of interest rate is interesting
when you can do that in a very high frequency
and a very wide full of multiplayers.
I can't wait to get that started.
That'll be a lot of fun.
Exciting things coming up in the DeFi space for Aptos
and I'm super excited to see Aave on Aptos in general.
Question for you guys.
You guys ready to maybe open it up for some questions
from the audience and interact with the other people here?
All right.
I'm not the co-host, so someone else will have to let them up,
but I will introduce them as they go
and we'll see how it goes.
Come on up and feel free to raise your hand
or whatever if you want to be able to come up
and ask some questions to the guys.
Meanwhile, I guess, while we're waiting,
oh, is block work?
Sometimes, you know,
it's a little messy with Twitter.
Sometimes it doesn't show them.
But welcome, block labs.
Are there block labs?
Well, I guess I will...
Yeah, you might have to unmute block labs.
Yeah, I think he's still muted.
We have cash markets up here, it looks like now.
Or it disappeared.
Twitter, you know, Twitter's bugging me per usual.
So, I'll just fill some time here
with a different question to you guys.
Oh, wait, cash markets showed up again.
Welcome, cash markets.
I wanted to ask a question.
Can I ask it now?
Of course.
Yeah, so this question is to Stani,
and it has to do with World Liberty Finance.
I've seen that you guys have been working a lot
with World Liberty Finance
because they're building on top of Aave, I believe.
And I just wanted to know
if they are also thinking about
expanding to other chains beyond Ethereum.
Yeah, I think
I would say that
the best people to answer that
will be World Liberty Finance.
But based on my discussions
and understanding is that
they're very bullish on
on-chain, like, period.
And they come from an angle
where they want to use Aave
and their instance is on the Ethereum mainnet,
but they're open towards
overall into non-EVMs.
But that's my take on that.
But their team probably will be
the best people to answer.
So maybe if you try to DM their account
and ask them
or go to their governance forum,
maybe there's some better answer
than mine.
And welcome to Aptos.
Thanks, Cash.
All right.
Now let's let up.
We've got Michael.
Oh, no, Mooveflow came up.
Hello, hello.
Can you hear me?
This is Troy from Mooveflow.
So my question is for Stony.
With the recent trend on AI agents,
what do you see Aave's role
in the integration with AI agent?
And how do you see
the emergence of future AI agent economy
would influence the current landscape of DeFi?
Because recently we're seeing the concept of DeFi.
So we'd like to see your opinion.
That's an interesting topic
because I think
a lot of the things
what you want to do
with the AI agents
you can't really do
like if you think about
like financial transactions, right?
You can't really do
outside of on-chain.
you can't do
like very interesting
strategies
by like integrating
like different
like banking rails
and whatnot.
like everything
is so isolated
in the traditional
like finance
like the whole legacy finance.
Like it's just like
I think on-chain provides
kind of like
a full arena
what you could do
as an actor
programmatically
by analyzing
all the data
that is available.
is a very natural
AI agents.
They can do
things than
they can do
other form
of finance
in my opinion.
What's going to be interesting
for Aave's
perspective
probably see
being very helpful
interest rates
optimizations
risk management.
risk parameters
across all the
networks and
deployments.
Like Aave is huge.
it's not like
kind of like
collateral
infrastructure
looking at
deployments
participants
interesting
alternative
management
allocating
interesting
modifications
algorithms
interesting
a question
relabeling
separating
implementation
intentions
accessible
objectives
intelligent
objectives
combination
particular
fluctuations
particular
definitely
traditional
implemented
intentions
implementations
for giving
your thoughts
for asking
the question
a question
interesting
observation
higher yields
traditional
infrastructure
traditional
converting
traditional
the simplest
effectively
experience
everything
integration
integrators
possibility
management
perspective
challenges
infrastructure
structures
integrations
traditional
components
traditional
interesting
specifically
interesting
perspective
understand
especially
institutions
interesting
laundering
transactions
activities
transactions
mainstream
technology
technology
constrained
understand
technology
experience
transparency
accountability
technology
eventually
opportunity
supporting
technology
experience
decentralized
traditional
mainstream
particularly
infrastructure
combination
mainstream
definitely
experience
experiences
incredible