Requesting future topic - what it means to hold a governance tokenpic.twitter.com/5RJEMdQYFr
This week's newsletter is all about DeFi, a complex but exciting corner of crypto & market structure that traditional finance needs to take seriously. Thanks for reading!https://frontmonth.substack.com/p/a-legacy-guy-considers-defi …
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awesome post. one number not in there is that the initial 9/20 uni token giveaway to anybody who had ever used the exchange before (250k addresses) is now worth $16k each.
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and fwiw the sushi dividend is 6-7%
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Thanks for the great article! One question I have is if any token can be traded on Uniswap, than what gives the Uniswap token value?
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The way I understand it, if you hold enough UNI you can submit proposals to the protocol & influence its future development. I think of it as "voting shares" in the Uniswap protocol, but I'm still researching it all:https://uniswap.org/blog/uni/
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@HideNotSlide awesome as ever :) I think TradFi is definitely taking these things seriously just check out: - http://fnality.org - http://okapi.finance (shameless plug for myself)Thanks. Twitter will use this to make your timeline better. UndoUndo
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Very good piece today on automated market makers,
#DeFi and decentralized crypto (and traditional) exchanges. Excellent read -
Thanks Larry, I appreciate it!
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And what happened to the white walkers in the end?
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