> > 2. Accessible market-making: The ability to provide capital to a decentralised exchange to operate as an automated market-maker. > Yes, this is a great way

> > 2. Accessible market-making: The ability to provide capital to a decentralised exchange to operate as an automated market-maker. > Yes, this is a great way of solving a problem crypto created for itself - illiquid markets for jars of air that is. In classical markets you can just buy shares in a market maker. Crypto's biggest market makers are centralized - Alameda Research and Cumberland/DRW. The latter is also a massive market maker in classical markets. Buying shares in a market maker is absolutely worse than directly market making yourself - you can't pick and choose your markets, you are paying for staffing overhead of the company, you are paying a stock exchange and broker fees. Therefore automated market-making is something crypto does better than a classical solution.