John Wu, President of Ava Labs, the primary developer of the Avalanche blockchain, and Emin Gün Sirer, the software company’s Founder and CEO, team up to develop a lending and borrowing protocol that would jumpstart the Decentralized finance (DeFi) economy on Avalanche. This case discusses Ava Labs' decision to buy, partner or built a new borrowing and lending protocol to compete with other Layer 1s and the key tradeoffs between efficiency and decentralization.
- 2022 President and Fellows of Harvard College
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- Harvard Business Publishing
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