Eventually, tradfi will discover you can also auction orderflow in oracle updates. See the liquidation opportunity, bid for the update, capture the delta.
Realising that @OEVNetworkβs future revenues may be astronomically higher with leveraged equities and derivatives.
It canβt be a coincidence that Citadel said theyβd be getting into crypto around the same time Robinhood started edging us that they want to as well. RH isnβt going to charge fees to trade on their chain, theyβll just sell orderflow. Zero is the lower bound on fees that a chain can charge, not βasymptotically 0β literal 0. Posting data to an L1, if they even decide to do that, will be a paltry back office cost for them. Thereβs nothing really that functionally different about a single centrally sequenced L2 and the broker-dealer front end that RH uses now for tradfi. Theyβll probably make money the same way too.