realized i should have QT'd this instead of a thread. here it is properly: vs Aave (borrowers): on Aave, you accept whatever rate the utilization curve gives you — it can spike overnight. on Flex, you pick your rate. fixed. no surprises. vs Aave (lenders): Aave caps utilization ~80% so there's always idle capital earning nothing. Flex can hit 100% — every dollar lent can be earning. vs Liquity: similar philosophy on rate choice, but Liquity is a stablecoin issuer — you borrow BOLD. that means you're limited by BOLD's liquidity. wanna loop? BOLD can only sustain so much sell pressure. Flex uses existing stablecoins like USDC — effectively limitless capacity. the tradeoff: lower rate = cheaper borrowing but higher redemption risk (you get redeemed first when liquidity is needed). higher rate = more protection. you choose. no token yet so can't speak to that part. just the protocol.