How Yunt Capital is Building a Crypto Empire w/ Rogue Itachi - Flywheelpod #30
Flywheel DeFi
00:00
Liquidity Is the Most Important Thing
I'm actually more of the liquidity school of thought, because I'm like... If it can't break, if the peg, for example, let's say it's back one-to-one, but there's like no liquidity on this stablecoin. And anytime somebody trades in and out of it, there's massive slippage. The only way for someone to kind of arbit back to the peg is to, you know, buy it and redeem it for the underlying collateral and then, etc, etc. Like, that is so kind of inefficient and it sounds more like a bug than the feature. But like, liquidity, water is life, literally. That's what I say
Transcript
Play full episode
