1inch, a leading decentralized finance (DeFi) protocol, just announced the launch of it's new shared liquidity protocol, Aqua. It promises to improve efficiency and unlock liquidity for users across networks.
Sergej Kunz, co-founder and CEO at 1inch, joined TheStreet Roundtable to talk about the launch and describe where those efficiency gains are actually being made.
Related: American crypto exchange owner warns of 'Chinese walls' after $19B market crash
Kunz frames Aqua's efficiency as a new model of liquidity provisioning built for the tokenized-asset wave.
"RWAs are coming into DeFi, and RWAs need our infrastructure to be able to have proper liquidity in our ****** e," he said.
A recent study, commissioned by 1inch, found that roughly 80% of liquidity on decentralized exchanges sits idle at any given time. That equates to around $1.6 billion that isn't earning anything.
#liquidity #efficiency #aqua
Sergej Kunz, co-founder and CEO at 1inch, joined TheStreet Roundtable to talk about the launch and describe where those efficiency gains are actually being made.
Related: American crypto exchange owner warns of 'Chinese walls' after $19B market crash
Kunz frames Aqua's efficiency as a new model of liquidity provisioning built for the tokenized-asset wave.
"RWAs are coming into DeFi, and RWAs need our infrastructure to be able to have proper liquidity in our ****** e," he said.
A recent study, commissioned by 1inch, found that roughly 80% of liquidity on decentralized exchanges sits idle at any given time. That equates to around $1.6 billion that isn't earning anything.
#liquidity #efficiency #aqua
2 days ago
