"Pegged does not simulate fairness. It enforces it through indifferent neutrality. It offers no incentive other than access, and no narrative beyond the draw. It is not a theory of justice. It is a working mechanism for redistribution— irreversible, minimal, and open."
Still early on, but after this paragraph the question in mind was "why does it exist?". For the failure of conventional finance, was the answer after reading the first paragraph of the introduction but I wanted to confirm.
This is a very bad way of sharing feedback 😀