Decentralization Benefits - Decentralization's primary advantage lies in its potential for global state, translating to global liquidity in financial terms [1] - Decentralized systems, if capable of mimicking centralized UX (scalability), can accumulate greater state and liquidity, thereby amplifying network effects [1] - Increased liquidity leads to improved pricing and market efficiency [1] - Shared global state facilitates the composition of markets across diverse financial instruments and market types, unlocking novel financial primitives and commercial avenues [1] Key Considerations - The realization of these benefits hinges on the decentralized system's ability to deliver a user experience comparable to that of centralized systems [1] - The report highlights Solana as a relevant example in this context [1]
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mert | helius.devยท2025-07-08 13:40