. @variational_lvs makes the case that fees aren't a scam, they're just outdated
"I hesitate to call them a scam, because there's a lot of great platforms out there that charge fees. But there's a reason why in very mature financial markets, the market has kind of coalesced towards zero fees, because it is very possible."
"It is possible using a brokerage-like model. It is possible through liquidity aggregation. It needed to be innovated in crypto."
"I think long term there's no reason for most retail traders to be paying fees. We're trying to lead the charge on building fair and transparent markets that are as friendly to retail as possible."
@variational_io
If it was easy, it wouldn't be worth doing! thanks @web3stu , @redstone_defi , @KaiaChain
(Now, I don't know how but someone will have to bring one of those to Portugal so I can frame it!)
The Korean won is the second most traded currency in the digital asset space, behind only the dollar and its stablecoins. $KRW pairs are roughly 30% of global spot volume.
None of that liquidity can work as collateral onchain, because there is no legally recognized won stablecoin to settle in.
The liquidity is there, but regulation still hasn't caught up.
The tokenized securities framework passed in January 2026 and takes effect in February 2027. The Digital Asset Basic Act, the law that would license a won stablecoin, is still in committee, held up on issuer eligibility.
The cost? Roughly KRW 14.92 trillion, about $10.4 billion, in net stablecoin outflows over eighteen consecutive months.
Regulatory clarity turns a won stablecoin from a payment instrument into collateral. Collateral feeds lending markets and tokenized asset settlement. That circuit mobilizes the stock of retail and corporate won deposits sitting inert today. The money that already left is a separate story.
That mechanism is the spine of the joint RedStone x @KaiaChain report, out today: The Seoul Standard.
It covers Korea's opening against Hong Kong, Japan and Singapore, what the new laws require of institutions, and three scenarios with dated triggers plus a sourced risk register.
Full report below
When people brag about not using AI for writing, I assume their either liars or idiots
Are you seriously telling me you're researching topics manually on Google? Why would you skip the best writing and research tool ever created?
This changes the game
Hardware wallets are no longer the de facto way to secure your crypto
If this doesn’t remain an isolated case, we’re fucked
I’ll still use my Ledger. Multiple wallets, with both cold and hot storage, is best
But ngl, a CEX with strong 2FA feels safer
@AInvestor_11 Audio quality is the most important thing for this type of content, so yes. A new mic is high priority. I'm a content creator myself, shoot me a message and I can help
@Stoiiic You only can truly answer it. Even though both disciplines are hard on the body, I believe Jiu Jitsu is worse for the joints. Which gym/community you identify the most is also a factor, at least for me.
@ruggedpikachu Surprised it's this good already. But it's replicating an already existing game, doubt it will bring any innovation into the space. AAA gaming is already lacking in originality, doubt it will get any batter with AI adoption.
Now that the World Cup is finally over, starting to switch to some MLB betting.
Going to start slow and then ramp it up once I gain some confidence with it.
Taking Seattle over Cincinnati today to hopefully start another banger streak.