Great piece, Anthony. The way you articulated how liquidity works was like a light switch turning on.
Question: as the crypto space continues to mature, and more and more complex derivatives are created, will the nature of liquidity change? One possible way: Can smart contracts provide insurance against “liquidity crises”?
Great piece, Anthony. The way you articulated how liquidity works was like a light switch turning on.
Question: as the crypto space continues to mature, and more and more complex derivatives are created, will the nature of liquidity change? One possible way: Can smart contracts provide insurance against “liquidity crises”?
What are your thoughts here?
Not sure about smart contracts providing insurance against that sort of stuff but one way to get/hedge exposure is to buy volatility indexes.
Thanks for the article, Anthony. How did you calculate the 2% slippage in $ terms? Is that the +/- 2% depth?