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Tarun Chitra on whether Code is Law | Layer Zero
Bankless
The Scaling Up and Scaling Down of a Law With Ta Douv
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. Now you've kind of merge the two laws, right? Even though they're technically their own sovereign protocols. They can vote on it once and goes into action. That's very not true in normal life, right? Like, if pennsylvania makes a law, it's not like new jerseys, i ga, we're ging to follow the pennsylvania, right? Instead youavetolet go to you. Kno. Exactly.
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