“The one establishments which are totally on-chain that would generate natural demand for these derivatives merchandise are DAOs, which have a have to deploy tokens strategically to maximise their longevity,” Chitra mentioned in an interview. “DAOs have this capital, so it’s about beginning a flywheel the place they ship allocations to different on-chain protocols, which causes the liquidity to rise in these protocols and lowers the worth for execution, after which it makes it simpler for brand spanking new DAOs to buy. That suggestions loop has been lacking.”
