Source: Campbell Harvey, Decentralized Finance Deep Dive, avail. for free at Duke/Coursera, Module One: Credit & Lending (parts ii & iii)
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See Field Note #82 for notes on part i.
Continuing here with C. Harvey's 4-course DeFi MOOC.
These companion notes on parts ii and iii of the Credit section deal mainly with Compound and Aave.
More to follow.
The Details.