Avalanche Foundation has pledged up to $3 million in AVAX tokens to Dexalot, a decentralized exchange. This is a part of their Multiverse plan aimed at growing new subnets. However, this generous funding, to be released over a year, is condition-based and linked to achieving certain milestones. This strategy brings both optimism for potential growth and concerns over possible market manipulation.
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Centralized vs Decentralized CLOBs: Pros, Cons, and the Future of Trading Financial Instruments
The central limit order book (CLOB) has transformed financial instrument trading, but the rise of decentralized finance (DeFi) platforms raises questions over centralized vs decentralized CLOBs (dCLOBs). While dCLOBs offer a trustless, permissionless environment, centralized CLOBs provide better pricing and faster execution. Technologies like Avalanche subnets improve DeFi, but dCLOBs face challenges like limited functionalities compared to centralized systems.