Advanced
In reply to @bf
5/10/2023
mactar@mactar
I think the lack of legal clarity is the primary reason we don’t see mainstream use cases. At least more so than the tech not being able to provide them. Fwiw, DAI has like 700m in RWA backing I think
In reply to @mactar
5/10/2023
Brent Fitzgerald@bf
Definitely. Regulatory uncertainty has slowed down customer and market discovery. It also acts as an entry filter for the industry: how risk tolerant are you? Filters out the cautious people, lets in the gamblers.