cheirtheou (volvere)

Programmable OTC systems are the escape hatch Web3 needs. Frictionless has built such a decentralized OTC platform, enabling: 1⃣ Price Impact Elimination Through OTC Switches 2⃣ Vesting Pressure Stabilization 3⃣ Tools for Market Makers and Liquidity Management 4⃣ Secure Asset Ownership and Transparency These $FRIC ’s features could have prevented or mitigated scenarios like OM’s crash. Read More: https://medium.com/@frictionless-network/after-om-web3-needs-safer-ways-to-move-capital-4eb4b0299bd5

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It’s amusing that Web3 can build an entire financial system from scratch, except for the part where you can move money around without nuking every market. The $OM token crashed 90% in hours, not because of poor liquidity or exchange issues. But because Web3's entire capital movement system is built on a foundation of glass.

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recast:farcaster://casts/0xf5728db4c8093a25ff55e41b91faab08afe64db22bedabc43d9f89ea5f6bac84

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best game on base app right now

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