>> TradFi normally solves this by having a firm have oversite on everyones positions and have everyone pay money into a pot to help bail out failed counterparti

>> TradFi normally solves this by having a firm have oversite on everyones positions and have everyone pay money into a pot to help bail out failed counterparties so they don't spill over to other firms. I'm curious -- in traditional finance, there are often daily collateral settlements which force both parties to change collateral based on valuations shifts by way of the exchange. is there such a concept in crypto? Wouldnt this resolve a lot of the issues you're speaking about?