DAOs, DEXs and whales? How Web3 organizations became the new crypto beasts -Breaking
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Do you know the difference between DEXs and DAOs? How Web3 became the new crypto heroWeb3 brought many benefits. The industry is buzzing with excitementAs EvidenceWeb3 tokens are now worth nearly $50 Billion in market capitalization. Web3’s ethos is one its best features. This ecosystem is free of intermediaries and barriers. It’s open to everyone, from any location.
One problem is that there isn’t enough infrastructure available in Decentralized Finance (DeFi) to support large order executions. This is because the central exchanges are not compatible with the decentralized nature and autonomy of the Decentralized Autonomous Organization, or DAO. Let’s unpack the relationship between DAOs and decentralized exchanges (DEXs) and how a specialized DEX could benefit DAOs now and in the future.
0xDorsal is the pseudonymous co-founder of Integral, the world’s first DeFi primitive for large orders. Dorsal’s background as a hedge fund manager positioned him well to help drive the migration from TradFi to DeFi. Dorsal is a DeFi business development leader with extensive experience. Dorsal has extensive experience at Integral and is particularly interested in market design.
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