Ethereum Credit Guild Lending Simply Explained (Technical Smart Contracts Level)

In this video, we will learn about Ethereum Credit Guild (ECG), a lending protocol that breaks away from traditional models like Compound or AAVE. Unlike other protocols, ECG operates without oracles, placing governance at the forefront of its operations.

Watch the full live stream: https://www.youtube.com/watch?v=oYQHCLN64eQ

Become a Certified Smart Contract Auditor: https://johnnytime.xyz/smart-contract-hacker

In this video, we will break down:

1. The Guild token - Serving as both a governance token and a versatile asset, the Guild token offers users the ability to stake for yield, vote on proposals, and more.
2. ECG's mechanics between governance and functionality. From multi-votes to gauges, governance decisions shape lending terms, fostering a dynamic ecosystem of borrowing and lending.
3. Understanding lending terms and the role of governance, how users deposit collateral to receive credit tokens, which in turn can be borrowed against. ... https://www.youtube.com/watch?v=CSiFxww6vPQ