#openledger $OPEN
Way I understand it and what is really bothering me @OpenLedger OpenLedger is actually talking about a big shift in the gap between TradFi and DeFAI - but why? In traditional finance, banks or asset managers charge AUM fees - meaning there is a cost to managing your money. They are drawing a comparison here - this model is gradually shifting to smart contracts, where strategy execution is automated through code, no human intervention is needed - the topic is interesting. With advent of DeFi, capital has become programmable - meaning you can write the terms but DeFAI is taking it a step further and making it self-executing, where AI looks at market and makes decisions on its own. As a result, they indicating that brokers, fund managers or any other intermediary layer is becoming largely irrelevant. Another big point is - institutional-grade yield strategies, which were previously out of reach of ordinary users, locked in paywalls or subscriptiones, are now coming to open infrastructure. This means that strategies that were previously only available to large funds are now being made accessible to everyone through code. I see two sides to this - on the one hand, technically it is a very powerful idea because automation + AI + on-chain execution can really redefine finance. But at same time, there some limitations - how reliable will AI decision-making be, how clean will the oracle data be and how stable will the system be during market volatility - these questions are still open - indeed, they are. Overall, I think that although it is still in the early stages, direction is quite clear - financial systems are gradually moving towards a programmatic and AI-driven execution layer. I think it will increase efficiency on one hand and on the other hand, it will bring new types of risk and accountabelity, which will be real test of this entire ecosystem in the future. I am not sure yet how quickly it will actually scale because adoption, regulation and trust layer - these three things will act as biggest factors
It remains to be