From b0954b1549b0d18e682ebf801f71bbd985b2b523 Mon Sep 17 00:00:00 2001
From: bt3gl <1130416+bt3gl@users.noreply.github.com>
Date: Sun, 3 Apr 2022 07:29:07 +0100
Subject: [PATCH] Update the_new_citadel.md
---
keeperDAO/the_new_citadel.md | 13 ++++++++++---
1 file changed, 10 insertions(+), 3 deletions(-)
diff --git a/keeperDAO/the_new_citadel.md b/keeperDAO/the_new_citadel.md
index 1c44543..bc69357 100644
--- a/keeperDAO/the_new_citadel.md
+++ b/keeperDAO/the_new_citadel.md
@@ -1,16 +1,19 @@
## Notes for [The New Citadel](https://keeperdao-labs.notion.site/The-New-Citadel-A-Vision-for-KeeperDAO-125ed6222f4542d99d8e171ddbe2bc38)
-* executing trades on-chain sucks today (high gas, illiquidity, bad routing, expensive bridging, MEV...)
+* Executing trades on-chain sucks today (high gas, illiquidity, bad routing, expensive bridging, MEV...).
* Citadel Securities is the largest executor of trades in the world; 40% shares traded in the USA go by them.
* they provide execution-as-a-service - when users place orders or apps like robinhood, citadel execute the trades (the amazon of trading), they take 90% profit
* KeeperDAO allows the value of order flow itself to be harnessed, but distributing the value between users, keepers, market makers; allowing everyone participate through an API; governance through a DAO
* Products: the hiding game, the coordination game, the incentive game --> the pillars for the coordinated execution layer for DeFi
+
### Building a Coordination Layer for DeFi
-* A coordinate execution layer lets KeeperDAO hide complexity, create economies of scale, and deliver a standard of ease and service, taking economy to the next level
-* KeeperDAO as the coordinated execution layer for the entire multi-chain space
+* A coordinate execution layer lets KeeperDAO hide complexity, create economies of scale, and deliver a standard of ease and service, taking economy to the next level.
+* KeeperDAO as the coordinated execution layer for the entire multi-chain space.
+
+
### Going Teal
@@ -20,11 +23,15 @@
* Leaders may create or sponsors special KIPs which can charter and fund new teams or units. The DAO evaluates and may approve or decline these in the usual way.
* On a quarterly basis, a presentation must be made by each team or unit to the DAO about this progress.
+
+
### KeeperDAO with 80-100 contributors
+
+
### Teams
* Protocol: responsible for advancing the protocols at the heart of the network such as the Hiding Game and Coordination Game.