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26 July 2021

Aave (AAVE) Founder Wants to Build ‘Twitter on Ethereum’

Aave (AAVE) Founder Wants to Build ‘Twitter on Ethereum’


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As a reply to Jack Dorsey’s ambition to bring decentralized finance (DeFi) on the Bitcoin network, leading DeFi lending protocol Aave’s (AAVE) founder, Stani Kulechov said the protocol should build Twitter on Ethereum.

Dorsey added that akin to the development of the hardware wallet which is already in the works, the development for the said DeFi platform built on Bitcoin will be completely open-source with open roadmap, and open development.

Stani added that Dorsey’s idea is similar to Aave which itself is an open-source, non-custodial, DeFi platform that allows users to borrow and lend digital assets and earn attractive interest on deposits.

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