RE: ENG/ESP: Web3's Silent Revolution: How Solvers and Next-Gen DApps Eliminated Digital Borders | La Revolución Silenciosa de la Web3: Cómo los Solvers y las DApps de Nueva Generación Eliminaron las Fronteras Digitales
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the part where solvers front their own capital is what makes me wonder how concentrated this gets. if a handful of solvers end up filling most of the volume on Across, isn't that just a new middleman with better UX?
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Hey! If only 3 or 4 solvers dominate the volume because they have more capital, it creates a concentration of intermediaries.
The difference with a traditional intermediary is that here, competition is completely open and the solver never touches nor can they steal your funds; if they fail, the order simply doesn't execute.
Anyone can compete: if the big solvers raise their fees, any other bot can step in, offer a lower rate, and take their business.
Right now there's concentration due to liquidity, but the system is built so that competition protects the user.
Thanks for writing to me!