3min chapter

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The Secret Weapon of DeFi 2.0 | Zeus from Olympus DAO

Bankless

CHAPTER

How Does the Protocol Work?

Yel: The way that it works is that you start with some price, and then it just takes down until someone decides that they want to go an buy that pond. So essentially, like the protocol doesn't care. It's all placed on to the market in terms of how it acts and prices it. Yel: In an efficient market, te the discount should just be whatever the market dictate or dictates as required illoquidity premium.

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