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Tarun Chitra on whether Code is Law | Layer Zero
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Is Defy a Good Law?
A nation can adopt a amm prito as an oracle for a chain contractor. And that's the equivalent of a nation state taking the rules of defi are now. This legal structure on to defy allows us to just reason about these things better, and also, with the aid of smart contracts, to make sure that we never actually have to go to court in the first place. It's just like all automated on defy.
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