Aave CEO makes DeFi offer to Elon Musk

The CEO of the second largest lending Protocol DeFi made an interesting offer to Elon Musk and Tesla.

A tempting offer from the crypto space for Tesla.

The CEO and founder of Aave , which is currently the second largest lending Protocol with more than $ 1.25 billion blocked, sent an interesting offer to Elon Musk on Twitter.

Kulekhov said that he, would be happy to tokenize Tesla one day. Many may think that he is referring to the shares of tokenized companies, which is not something new or in any way revolutionary. In fact, tokenized securities have been at the forefront of another short hype cycle known as the security token offering or STO.

He said. I would love to one day tokenize Teslas, allow people to use cars as collateral in AaveAave for a USDC loan, and spend them on affordable trips to Mars. This is called DeFi, and it is aimed at improving finances » Of course, it’s unlikely that he was serious about it, because there are a lot of technical impossibilities to make it work.

However, it is still interesting to think about how DeFi can be implemented in the lives of ordinary people and help them benefit from existing assets.