Crypto lending and financial services companies have been at the forefront of the industry’s latest controversies ever since the collapse of the Terra stablecoin, with many drawing parallels between the web3 financial system and the broader markets in 2008. But not all protocols are created equal, and many that have sustained steep losses in the aftermath of that fiasco are centralized entities that indeed operate similarly to traditional market-makers.
This week on Chain Reaction, we interviewed Mary-Catherine (MC) Lader, chief operating officer of Uniswap Labs, the team behind one of the largest decentralized crypto exchanges. You can listen to the full interview below.
Lader explained that Uniswap itself is a non-custodial, open-source protocol governed by holders of its UNI token. This stru …
