In this episode, Charlie, co-founder of Anthes Labs and contributor to Felix Protocol, joins the discussion to explore advanced approaches to decentralized finance (DeFi), particularly in lending and risk management. Charlie explains Felix Protocol’s unique design, including its over-collateralized stablecoin (feUSD) and innovative "user-set" interest rate mechanism. He also shares insights into navigating liquidity efficiently, balancing market demands with secure collateral strategies, and fostering sustainable growth in the DeFi ecosystem. The conversation addresses both the fundamentals and complexities of DeFi, highlighting opportunities for investors and enthusiasts alike to leverage their crypto assets without compromising long-term value.