coinbase

still can't transfer usdc from coinbase to base as a new york resident :(

preventing me from onboarding my dad to defi via

still can't transfer usdc from coinbase to base as a new york resident :(

preventing me from onboarding my dad to defi via https://www.stablefinance.io/

An open lending and borrowing DeFi protocol built on Base, Moonbeam, and Moonriver.

I like baking /goodbread and building apps on web3 protocols. DevRel @ ENS Labs. gregskril.com

i think a better distinction is aave (stable uses it under the hood) vs moonwell

and yes i’m more comfortable recommending aave to family and friends

/new-york by day 🗽 /untzuntz by night 😈 Fan of eating tacos and bringing people together, often at the same time 🌮

aave has
- been around longer
- significantly higher tvl / more liquidity ($27b vs $500m)
- less historical security incidents (although neither have experienced major hacks afaik)
- single asset markets only, which are much easier to understand than vaults and stuff

also i really like the aave developer docs and have written stuff on top of their smart contracts which gives me a better understanding of the protocol and more confidence, but this part is more biased

Why? What’s the difference?

[I’m a DeFi newb]

Ah, this is good to know! Always heard about aave (even back in the early days) but never actually used it personally.

Was honestly never big on stable coins before base - but definitely going to check out Stable!