Onchain firms have one moat: maximum value capture and redistribution to users. Any value leaked or extracted is a bounty for competitors to deliver more and win. We can’t disrupt traditional firms until disrupt ourselves.
alexander
alexander19.7. klo 22.24
DEXs must have tokens and those tokens must maximally capture and redistribute value. Legacy DEXs leak extraordinary value -- to insiders, externalized services -- every leak is a bounty. Next Gen DEXs will internalize all of it, jam it right into the active tick, and win.
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