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Podcast: Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
Episode: Cassidy Daly & Lucas Vogelsang: Centrifuge – Introducing Real-World DeFi
Description: Centrifuge is an open and permissionless protocol built on Polkadot and Ethereum that unlocks collateral for DeFi. Centrifuge allows for the tokenization of real world assets such as invoices, real estate, or goods, and puts them on the blockchain. This allows users to borrow against these assets from investors. Investors lend dai in exchange for an interest rate that depends on the borrower and the asset used as collateral.We were joined by Lucas Vogelsang, CEO & Centrifuge Co-founder, and Cassidy Daly, Token Design & Research at Centrifuge. They explained why they built the protocol and how it works...