One thought that comes to mind now that robinhood is bringing stocks on chain: HFT arbitrage is about to go wild given chain throughput vs their tightly integrated connections to stock exchanges

BDFL of Quilibrium, Eng @ Farcaster, ex-Coinbase, always opinionated, never hydrated

/quilibrium

Dad, geek, conversation liquidity provider. vrypan.net | @l--o--l | $lemon3 | @wdimapp

Wai t. Wait. Wait. 

You mean tradefi is going to get giant spreads out of this. 

Don’t tell me the ‘private’ shares are going to be massively inflated too. 

I’ll stick to my broker when I do stocks. 

Are they going to allow lending? Do you get the voting rights? Can you restrict lending? 

Are we making 1% defi pools 🤣🤣🤣🤣

Indeed, and arbitrum's block time is 250ms. Lots of room for arbitrage

Not so sure:

> For example, the London Stock Exchange's Millennium Exchange platform operates with an average latency of 126 microseconds, but ultra-low latency systems can complete round-trip executions in under 10 milliseconds.

https://www.luxalgo.com/blog/high-frequency-trading-vs-retail-algorithmic-trading/

degensub

yeoro.eth → db.team → /slc → SuperBenefitDAO, All in For Sport → "purpose aligned networks of small autonomous teams”

software artist | building /outpaint | ex: @coinbase ex: bisontrails | seeker of the flow state | artivilla.com

If I’m RH 

They already limit selection. So ultra limit. I’m sure they control large tranches. 

Own that. Let your oleebs trade around it. Earn the money for excess lent out. And the spreads from
Your ‘customers’ for them playing in your sandbox vs the much tighter one at citadel. 

I could be wrong and maybe they are passing through. Idk. 🤷‍♂️

How's the liquidity provision between on-chain and the stock market? Is Robin Hood maintaining a balance on both sides? Is it like instant settlement? Who is holding the risk? Can you short the stock? Is there a video recording on this information I can learn more about?

Love the wild of the crypto journey ! It’s been wild from the beginning 🔥 crypto has made me love unknow change

What they are trying to do — is it any new innovation, a new way of trade, a new disruption, or are they trying to give a Web2 experience in Web3? Time will give the answer based on the sustainability of this model.