In brief During the recent Terra meltdown and resulting crypto crisis, DeFi continued to chug along without a “hiccup,” Compound’s co-founder says. This distinction should be key in helping regulators see the value of DeFi, Leshner argues. There’s a way to view this summer’s crypto liquidity crisis—and the resulting bankruptcies and bailouts of centralized lenders—as having demonstrated that decentralized finance (DeFi) is working as it should. At least that’s how Compound founder Robert Leshner sees it. “I think the last couple of months have sho ...
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