Breaking Down CherryLend: A Cardano Borrowing & Lending DeFi Deep Dive w/ Migs
Introduction and Overview of CherryLend: [00:00] - [01:20]Intro to CherryLend and its open-source approach.Migs' Background and CherryLend's Development: [01:21] - [05:15]Migs' journey in Cardano and CherryLend's technical developments.Technical Innovations and User Experience: [05:16] - [08:12]Discussing pooled lending, mobile support, and user-friendly design.Open Source Strategy and Community Engagement: [08:13] - [12:58]Open sourcing off-chain code and involving the community in development.CherryLend's User Interaction and Risk Management: [12:59] - [18:14]How users engage with CherryLend and manage risks in borrowing/lending.Loan Health, Liquidation, and Oracle Mechanisms: [18:15] - [24:14]Explaining CherryLend's loan health indicator and liquidation processes.Governance, Incentives, and Future Plans: [24:15] - [31:09]Discussing the governance token, incentive structure, and CherryLend's roadmap.Conclusion and Additional Information: [31:10] - [33:18]Final thoughts, community involvement, and where to find more information.