Opinion
DeFi’s obsession with maximum decentralization sacrifices performance. Minimum viable decentralization offers a pragmatic path to compete with TradFi.
Doug Colkitt is a founding contributor at Fogo. With over a decade of experience in high-frequency trading and onchain finance, Doug began his career at Citadel, where he developed strategies for global markets. In 2023, he founded Ambient, a next-generation DEX focused on improving liquidity efficiency and AMM economics.
DeFi’s obsession with maximum decentralization sacrifices performance. Minimum viable decentralization offers a pragmatic path to compete with TradFi.