In this video, we are discussing why Aave, Curve, and Maker will never go bankrupt.
Aave is a decentralized lending protocol that allows users to borrow and lend digital assets. It is a completely non-custodial protocol, meaning that all the users’ funds are securely stored in their own wallets and are not held by Aave. This means that if Aave were to become bankrupt, the user funds would never be affected.
Curve is a protocol that allows users to trade digital assets on a decentralized exchange. The protocol is completely decentralized and non-custodial, so if Curve were to become bankrupt, the user funds would never be affected.
Lastly, Maker is a decentralized platform for creating and managing digital asset-backed loans. All the user funds are stored in smart contracts on the Ethereum blockchain, meaning that even if Maker were to become bankrupt, the user funds would never be affected.
In conclusion, Aave, Curve, and Maker are all decentralized protocols that are non-custodial, meaning that user funds are stored in their own wallets and not held by the platforms. This makes them immune to bankruptcy and ensures that user funds will never be affected.
