From Manifesto to Reality: Mitosis and the Dawn of Programmable Liquidity
Introduction
Decentralized Finance (DeFi) promised a world of open and fair financial markets. Yet, as The Liquidity Manifesto warns, a hidden crisis of fragmented and exclusive liquidity deals is undermining that promise
Privileged insiders (often called “whales”) strike secret agreements for better yields, creating an uneven playing field while regular