X @Ignas | DeFi

DATs for altcoins = IPOsDeFi protocols can’t list directly on NASDAQ etc., so their tokens end up either:- Traded on TradFi exchanges- Wrapped inside DAT stocks listed on TradFi exchangesI like DATs if they pump my $FLUID bags. But this market is crazy.RYAN SΞAN ADAMS - rsa.eth 🦄 (@RyanSAdams):While we're token wrapping stocks Wall Street continues to stock wrap our tokens.Like here's a DAT for $FLUID.Some DATs make sense to me but wow are we really going to have DATs for every DeFi asset too?Like i love @0 ...