The L1 Wars: SOL, AVAX, NEAR | 15 Jan 2022
youtube.comSaved by Tengji Zhang
The L1 Wars: SOL, AVAX, NEAR | 15 Jan 2022
Saved by Tengji Zhang

So it's hyper-efficient. The interesting dynamic at play is that in the fiat FX markets, as you get bigger, your pricing comes down. In the crypto markets, as you get bigger, your pricing goes up because the spreads widen. So the market is way more efficient for startups. Over time, the markets get deeper and deeper. And so those startups are
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