What happens to redemptions if liquidity dries up and everyone wants out at the same time?
That's the real question, and I doubt tokenizing the wrapper changes the underlying liquidity mismatch at all. The chain part is just rails.
What happens to redemptions if liquidity dries up and everyone wants out at the same time?
That's the real question, and I doubt tokenizing the wrapper changes the underlying liquidity mismatch at all. The chain part is just rails.