3min chapter

The Defiant - DeFi Podcast cover image

UMA's Hart Lambur Says The Current Market Crisis Is A Sales Pitch For DeFi

The Defiant - DeFi Podcast

CHAPTER

What's the Incentive to Answer Truthfully?

At every layer of the system, we have these economic incentives at work that keep people honest because they have skin in the game. And whore solves a dispute. That's where it gets superinteresting. You know, i don't want to say that we've got everything figured out and works faltlessly, but it's worked better than i expected. We can prove with gamed theory that the system is incentiveie to vote the truth,. provided nobody controls more than half of our token supply.

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