DAT where it’s just company stock + its tokens chucked into a Uniswap v2 pool.
Faster execution and don’t have to pay disgraced financiers or overpaid KOLs coming out of the woodwork to run these things.
In all seriousness, what are we doing here, guys? This is lame.
Imagine a new DAT is created on some XYZ underlying and it’s the first and only one for XYZ. Now suppose it’s named ArbCity, telegraphing that it will aggressively pursue any arb where mNAV<1. This would disincentivize other potential DATs from picking XYZ as their underlying. Results in ArbCity maximizing its holdings with no competition.
2.12K
9
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.