Unified Liquidity Enables The First Permissionless Long-Tail Leverage Market

Opinion: Sky, founder in Likwid

In the last wave of innovation of decentralized finances (defi), a generation of engineers funded by risk capital tirelessly worked on designing “without permit” of protocol lending.

Many projects have made remarkable advances, but their basic structure was old centuries – a model of secured loan. Like the Sumerians, they once committed livestock for silver, the modern defi still rely strongly on Oracles to take offchain to the rental systems – one point of failure masked as neutrality.

Despite the claims that it is without permission, the most locked total value (TVL) remains concentrated on these protocols in BTC, ETH and Stablecoins. Why? Because Oracles prices simply do not change the long tail tokens. The risk is unmanageable and feedback is fragile.

Oracles holding a deficit back

This is where the united liquidity represents a breakthrough of zero on one: by the collapse of swap and lending infrastructure to a single pool, assets with a long tail can now receive the same lever mechanics as blue-chip. The result is indeed a market without margin and loans without permission that does not require the functioning of Oracle. It’s another defi boundary.

Today’s trade platforms for lever levers rely on the list of approval, curatorial markets and centralized sources. They may be non-confident, but they are not without permission. Long tail tokens cannot be listed. Kraids cannot be placed. The inability of the market to cleanse Greesham’s law – where fraud throws healthy projects – phenomenon embodied incidents such as they are Token of the pound of the Argentine president, Which caused chaos at the beginning of this year.

The crypto remains without short -circuit without permission to handle fertile soil. We watch the tokens pump and collapse unable to balance the sentiment with market truth.

Shorting is a missing defi tool

Twelve tokens meme pre -sales of Solan was harsh after increasing $ 27 million In April 2024. But then came the pump.Fun – a primitive but powerful market, where the transparency of supplies and deployment without friction tuned the carpets and killed advance.

Result? Solana became a refuge for experimenting with MEME assets. Small support for market infrastructure has created excessive gains in credibility.

The crypto market remains imperfect, lacks efficient billing mechanisms, and requires robust shortening possibilities without permission.

Protocols can recycle collateral and borrow dex with uniform liquidity. The debt receives fees. Skyrockets of capital efficiency. Even more importantly, anyone can build on top of the same layer of liquidity – stable swaps, perpetrators, loans – all in the same pool. This is not just a modularity; It is a composition with atomic alignment.

Related: A problem with deep liquidity tradfi is a quiet structural risk of crypt

United liquidity builds the base of sustainable useful usefulness. It renews the role of defi as productive financial infrastructure, not just emission games.

The consequences are massive. Developers no longer have to discard the tokens one by one. Users can shorten any token with a liquidity day of day. And regulatory bodies? It wasn’t a Sec that punished Luckin Coffee – it was Muddy Waters Research. The robust system of shortening made us shares one of the healthiest financial markets in the world. Similarly, short -circuit without permission is the only way to build a healthy long -standing market without permission.

Defing no longer has to imitate traditions using the copying tools. United liquidity gives Web3 its own financial language – one that is open, expressive and finally scalable.

Lack of abbreviation without permission is a structural defect and is one of the reasons why the crypto remains a breeding ground for fraudulent tokens. United liquidity offers a credible repair. It is not another scheme of emissions or motivational play. It is a real infrastructure, built for a scale of markets and their cleaning. This is not just a new growth strategy for defi; It is a long -term remedy for stagnation.

Opinion: Sky, founder in Likwid.

This article is for general information purposes and is not intended and should not be considered legal or investment advice. The opinions, ideas and opinions expressed here are the author himself and do not necessarily reflect or present the opinions and opinions of Caintelegraph.