# Smart Vaults: Automating DeFi operations - Facundo Spagnuolo

- Channel: [Ethereum Denver](https://streameth.org/ethereum-denver)
- Date: 2023-10-07
- Duration: 18:29
- Watch: https://streameth.org/watch/yt-5iG6P6fJX1A
- YouTube: https://www.youtube.com/watch?v=5iG6P6fJX1A

## Description

Smart Vaults are a new concept introduced by Mimic to power DeFi automated operations.
We do care about decentralization, and we think there are ways to open DeFi for complex scenarios like DAOs or decentralized protocols, where making things in a trustless and non-custodial way is a key thing. Here is where Smart Vaults come into play, they allow us to provide a simple way to onboard these users to DeFi while not giving up control of their assets.

https://twitter.com/facuspagnuolo/
Facundo Spagnuolo
CTO
Mimic Finance
www.facuspagnuolo.com