2min chapter

Bankless cover image

Tarun Chitra on whether Code is Law | Layer Zero

Bankless

CHAPTER

The Scaling Up and Scaling Down of a Law With Ta Douv

Tike: Can you illustrate the scaling up and scaling down of a law with ta douv? Yes, ye, yes. So let's suppose that unisa raises their fee, and then in response, curve raises their fee. And there's this natural mark mechanism of like, people trading between them which changes the volume and liquidity structure. Tike: There's some sense in which you can have market affects determined how widely the lcable the law will become.

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