Aave Founder Says Lower Costs Are DeFi's Long-Term Advantage

Aave Labs founder and CEO Stani Kulechov says DeFi's long-term competitive advantage comes from its lower operating cost structure.
By automating lending through blockchain infrastructure and smart contracts, decentralized lending protocols can potentially operate with less overhead than traditional financial intermediaries.
Kulechov argues that this structural cost advantage could allow DeFi lending businesses to compete more effectively with traditional finance over the long term.