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All perp DEXs will likely follow @extendedapp's vault model eventually
Extended just introduced trading against your vault deposits (HLP/LLP equivalents)
What this means in practice:
> You can earn yield whilst not trading by sitting in the vault
> More funds in the vault = More liquidity
> More liquidity = better trading experience
> Better trading experience = higher volumes
> Higher volumes = Higher vault yields (ideally)
> Higher vault yields = higher deposits
And the flywheel continues
Deposit on Extended now: