Here's a neat summary of what we're doing and why we're doing it from the CEO of http:/yellow.com Killing liquidity fragmentation and introducing a network of brokerages are two key things we're bringing to Web3.
Camille
@camille_yellow
03-21
I’ve helped deploy over a hundred exchanges at Openware. Most of them went out of business within the first year or two.
Typically due to standing liquidity issues. They tried to patch it by paying market makers. But paying market makers $50k-$100k a month bleeds new startups
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content
