tempest
@tempst0
unsupervised access to financial derivatives,
Joined April 2014
1.3K Following 7.4K Followers
The best part about @Backpack's stock token model is that any brokerage user can mint and redeem the tokens themselves.
This makes it much easier for anyone to run the arb between shares/tokens and bring inventory onchain when needed to keep prices in line.
Went into how this works in the recent tokenized stocks report đ
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