After the long post on my future vision and tokenisation, and after a number of good conversations of twitter (thanks @polemitis and @pascalbouvier) today a more focused post on what the value proposition of fractionalisation has to be for investors so that fractionalisation will take off.
It has been awfully quiet in the STO markets in the last year or two, and therefore it has been awefully quiet here as well. I just wanted to let you know what I am currently up to because I am still doing exciting stuff: I am currently CEO of IDCAP and we are setting up a crypto asset certification. The Genesis Cohort just finished and is awayting their exam
In my role as advisor to Bancor one topic comes up from time to time – arbitrageurs. I want to take the opportunity to write down some key thoughts here as they relate to the role of arbitrageurs within and AMM eco system, and whether or not they are useful and should be attracted. We do not currently have a blog over at topaze.blue hence the slightly unusual location here at TheShortSTOry podcast.
Introduction In this article  I want to discuss the dynamics of Ampleforth [2,3], which is a crypto currency with its twist. Instead of issuing a fixed number of units, Ampleforth monetary supply expands and contracts dynamically to keep one Ampleforth valued at around 1 USD. The expansion and contraction is executed in a pro-rata manner, meaning that they do not impact the percentage of overall supply an investor holds. On first sight this looks like a stable coin, but on second sight it is clear that this is not quite the case – it is a regular crypto coin whose price dynamics has been moved to play out in the volume space.