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Ep. 491 The Crypto Regulation Landscape with Mike Belshe: CEO of BitGo

CRYPTO 101

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Automated Market Makers

A project called enzyme, formerly known as melon protocol, was built by the former vice president of Goldman Sachs to essentially create a hedge fund on smart contracts. Could this be potentially an answer for regulators or even just entrepreneurs say, okay, here's something going forward? Well, look, I don't know enough about that protocol to comment on it specifically. But let's use a simpler example. Let's use automated market makers. So this is a class of smart contracts which will always give you a price on a buyer or sell for a particular trading pair.

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