Hi everyone -
I’m curious whether anyone has heard about this new project Tokemak, which seems to have a solution to improve liquidity across DeFi by “decentralizing market marking.” I was a bit suspicious at first but learned that the team behind Tokemak, Fractal, is one of the best-known market makers in our space, so it piqued my interest.
I’ve been reading up on it and listening to interviews (links below) about Tokemak the past week. It sounds like the platform will significantly improve the provision of liquidity to AMMs like Uniswap in the future. I’m glossing over many details though I think it merits a listen for us and, perhaps, some outreach to the Tokemak DAO from LDO supporters.
I’d be curious to hear what @vsh & @krasmussen think and whether Tokemak may be a way to solve or diminish any LDO liquidity issues. Also, it would be great to know if anyone has an idea on how connecting with Tokemak could help in diversifying our treasury.
Delphi Podcast Interview: