3min chapter

The Defiant - DeFi Podcast cover image

0x's Will Warren On The Future Of DEXs And The Impact Of MEV

The Defiant - DeFi Podcast

CHAPTER

The Future of Cryptocurrency

I was initially developing a protocol for a token up for options tokens on a therium. The thinking being that crypto is too volatile for most use cases, and if there was a way to hedge against that volatility, then yono with options tokens could be more useful. We quickly realized that options tokens would be very useless without somewhere to go and trade them. It became clear that someone needed to build decentralized markets intra structure on etherium so that any token on etherium could be exchanged.

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