Section
Where liquidity comes from, how a tokenized asset differs from a derivative, and how to check what crypto projects claim.
Markets are about roles as much as technology: market makers, custodians, issuers, auditors and regulators. Who is responsible for what determines the holder’s rights and what happens when something fails.
This section covers processes and methods: how to read documentation, what to look for in audit reports and why liquidity is always finite.
Where to start, in the suggested reading order.
Industry
A verification method: how to separate a description of a mechanism from a promise or marketing, find the date, cross-check numbers between pages and see what is confirmed on-chain and by independent sources.
