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    How does DAO, DEX, and whales work? Introducing the new crypto beasts, Web3 organizations

    Web3 has created a lot of buzz in the industry, as indicated by the almost $50 billion market valuation of Web3 tokens in recent years. One of Web3’s most appealing characteristics is its ethos. It is an ecosystem without boundaries or intermediaries, available to anybody from anywhere at any time.

    Web3 has created a lot of buzz in the industry, as indicated by the almost $50 billion market valuation of Web3 tokens in recent years. One of Web3’s most appealing characteristics is its ethos. It is an ecosystem without boundaries or intermediaries, available to anybody from anywhere at any time.

    While the promise of Web3 has drawn traders of all income levels to the sector, huge traders, or whales, have emerged as one of the most powerful sorts of cryptocurrency dealers.

    Whales have traditionally been classified as either major individual dealers or corporations. DAOs have recently emerged as a new type of whale trader. These organisations, which operate totally democratically, have been performing huge order trades to produce types of passive income for DAO members.

    However, there is one major issue: DeFi lacks the infrastructure to fulfil these huge requests in a totally decentralised manner. They may, of course, utilise centralised exchanges and pay excessive fees, but doing so undermines the DAO’s decentralised nature.

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