Re:On anti-crypto toxicity
by miohtama on Wednesday April 20, 2022 @06:57PM
(#31104134)
> As a trader I know defi is not more cost-effective.
> the fact that most of the alpha in defi is in arbitrage tells the whole story.
What measurements do you use to define cost-effective? I am happy to do an apple-to-apples comparison if you tell what would you like to see in comparison. Also if there is a post/study that shows that there is only arbitrate in DeFi I am happy to read it and try to understand if I am wrong. While this might have been a situation in the past, I am seeing it changing over the last year and half.
In my post, towards the end, I pointed out some facts that even with HFT and industry consolidation, traditional finance has not always worked in the favour of a consumer.
> the fact that most of the alpha in defi is in arbitrage tells the whole story.
What measurements do you use to define cost-effective? I am happy to do an apple-to-apples comparison if you tell what would you like to see in comparison. Also if there is a post/study that shows that there is only arbitrate in DeFi I am happy to read it and try to understand if I am wrong. While this might have been a situation in the past, I am seeing it changing over the last year and half.
In my post, towards the end, I pointed out some facts that even with HFT and industry consolidation, traditional finance has not always worked in the favour of a consumer.