Solution
Last updated
Last updated
Banks use the same solution for illiquid markets, called Bilateral OTC RFQ.
OTC is only use by institutions due a lot of legals, licenses and paperwork requirements.
Smart contract automatize OTC massively reducing costs.
User Pays someone 10% APR to open trades for you on a CeFi Exchange and sends you the win and punish him if he doesn’t.
PIO Triparty does the matchmaking and insurance like Uber does for taxis, on a swarm of 1:1 Retail Market Makers Bots.