Erik is joined on this episode by Amir Bandeali (@abandeali1), co-founder and CTO of 0x, and Ivan Bogatyy, general partner at Metastable Capital.
Erik and Ivan ask Amir about the background behind 0x and its creation. Amir says that 0x is a protocol, rather than an exchange. He also breaks down how a decentralized exchange is different from a centralized one. Amir predicts that "in the long run the types of assets that are going to be tokenized are mostly non-financial assets."
Amir says that market makers want to port the paradigm of a centralized exchange over to decentralized exchanges, and talks about what kinds of ideas from a centralized exchange could be useful in a decentralized exchange.
They talk about the problem of front-running and how to prevent it. Amir breaks down some of the most common misconceptions about decentralized exchanges and talks about some of his requests for products in the space. They also cover automatic market makers and derivative protocols.
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Venture Stories is brought to you by Village Global, is hosted by co-founder and partner, Erik Torenberg and is produced by Brett Bolkowy.
Can centralized exchanges push DEX adoption? https://messari.substack.com/p/dex-appeal-messaris-unqualified-opinion-10
Front-running, Griefing and the Perils of Virtual Settlement (Part 1)
Announcing the launch of 0x protocol v2.0! https://blog.0xproject.com/0x-protocol-v2-0-is-live-183aac180149
DEX vs. EX https://messari.substack.com/p/dex-v-ex-unqualified-opinions-21