Crypto finance is beginning to look at lot more traditional, Aave and Ethena founders say

Until recently, crypto users mostly traded tokens or borrowed against them, often chasing high, but unpredictable yields. New tools allow them to lock in returns, even in a market known for big swings. What to know : Crypto is evolving beyond trading into more stable, predictable return products, similar to bonds, as new tools let users lock in or manage yield despite market volatility, said the heads of Aave and Ethena. While DeFi yields still rely heavily on trading activity and leverage, Stani Kulechov and Guy Young said returns will increasingly come from traditional finance assets moving onchain.(Coindesk)