MEV as a Framework for Valuing Asset Ledgers скачать в хорошем качестве

MEV as a Framework for Valuing Asset Ledgers

Tushar Jain delivered a keynote presentation on major trends in MEV and the firm’s view that it can be used as a new framework for valuing asset ledgers. MEV is a deeply misunderstood topic that often carries a negative connotation. The reality is that MEV is not a new idea—it existed in tradfi before crypto—and versions of it are actually essential to the functioning of efficient markets, such as defi liquidations and price arbitrage. Tushar’s presentation seeks to install a new valuation framework for layer 1 ledgers that supplants existing models using MEV as the lens. ... Disclosure: The views expressed here are solely those of the individuals identified in this video in their individual capacity and are not the views of Multicoin Capital Management, LLC or any of its affiliates (together with its affiliates, “Multicoin”). The individuals may include employees of portfolio companies of funds managed by Multicoin. Certain information contained herein may have been obtained from third-party sources, including from portfolio companies of funds managed by Multicoin. Multicoin believes that the information provided is reliable but has not independently verified the information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed here are subject to change without notice and may differ or be contrary to opinions expressed by others. The content is provided for informational purposes only, and should not be relied upon as the basis for an investment decision, and is not, and should not be assumed to be, complete. The contents herein are not to be construed as legal, business, or tax advice. You should consult your own advisors for those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. Any investments or portfolio companies mentioned, referred to, or described are not representative of all investments in vehicles managed by Multicoin, and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results. A list of investments made by funds managed by Multicoin is available here: https://multicoin.capital/portfolio/. Excluded from this list are investments that have not yet been announced (1) for strategic reasons (e.g., undisclosed positions in publicly traded digital assets) or (2) due to coordination with the development team or issuer on the timing and nature of public disclosure. This content does not constitute investment advice or an offer to sell or a solicitation of an offer to purchase any limited partner interests in any investment vehicle managed by Multicoin. An offer or solicitation of an investment in any Multicoin investment vehicle will only be made pursuant to an offering memorandum, limited partnership agreement and subscription documents, and only the information in such documents should be relied upon when making a decision to invest. Past performance does not guarantee future results. There can be no guarantee that any Multicoin investment vehicle’s investment objectives will be achieved, and the investment results may vary substantially from year to year or even from month to month. As a result, an investor could lose all or a substantial amount of its investment. Investments or products referenced here may not be suitable for you or any other party. Multicoin has established, maintains and enforces written policies and procedures reasonably designed to identify and effectively manage conflicts of interest related to its investment activities. For more important disclosures, please see the Disclosures and Terms of Use available at https://multicoin.capital/disclosures and https://multicoin.capital/terms.