Base Layer Episode 158: Robert Leshner, Founder of Compound on Yield Farming & making Digital Assets more productive
Base Layer - A podcast by David Nage | BlockWorks Group
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Robert joins us on Base Layer for a great conversation to learn about everything Compound is doing. For those unaware, Compound it is a decentralized protocol which establishes money markets with algorithmically set interest rates based on supply and demand, allowing users to frictionlessly exchange the time value of Ethereum assets. We talk about a wide range of topics, starting more 101 for those unfamiliar with DeFi to more intricate discussions on a new narrative, yield farming. We also discuss Compound's role in a cambrian explosion in DeFi, growing from $830M in total value locked (TVL) at the end of April 2020 to over $3B today.