Lei Yang
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah, so we shouldn't say nervous because when the podcast is out...
it's no longer nervous.
But yeah, for now, yes, it is.
Yeah, 100%.
I think composability.
So I think we question ourselves a lot.
Why do we need to build a new chain?
What's the point of having a really beefy chain that can host all the applications you can think of on a synchronously composable substrate?
And yeah, composability, I think, is the ultimate reason monolithic chains need to exist.
So there are, I think to me, the most interesting combo is HitOne and WCM.
I think you can draw a very interesting parallel to how traditional finance markets form.
So you have NYSE and NASDAQ of the world.
And then on top of them, you have brokers that face the retail, for example, Robinhood.
So a kind of a fundamental structure here is that you have exchanges as the ultimate settlement layer.
And then you have different brokers that cater to different kinds of users.
And so on MegaEth, HitOne is one such broker that caters to people who wants to
probably I would say YOLO a little bit, open a kind of a high leverage position per position on blue chip tokens.
And then they pass users positions down to WCM, open a position there, a one-to-one mapping.
And in some sense, they are kind of a proxy or they're kind of a,
a broker, a kind of a curated experience for a specific group of users to trade on WCM, but then underlying their tap into WCM's liquidity because it's kind of a one centralized piece of market infrastructure that in addition to Hikwan, other market players can also, other market participants can also play with.