# kaal:claim:3782216-020

**Claim.** Concentration of power, especially monopolies or trusts, decreases market liquidity, while decentralization of power improves it.

**Type.** mechanism  **Support.** argued

**Source quote.**

> Concentration of power (especially monopolies or trusts) decreases liquidity; decentralization of power improves liquidity.

**From.** Craig Calcaterra, Wulf A. Kaal, *Decentralized Finance (DeFi)* (2021), General principles

**Cite as.** Craig Calcaterra, Wulf A. Kaal, Decentralized Finance (DeFi) (2021). SSRN: https://ssrn.com/abstract=3782216

**Verify.** sha256 of source PDF `f1739743aa06bbc1641cd65da790d531b69d8628ea3f5cc3fcad1bf5a1242373` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Calcaterra%20and%20Kaal%20-%202021%20-%20Decentralized%20Finance%20%28DeFi%29.pdf

**Topics.** defi, economics, decentralization

**Keywords.** market-liquidity, decentralization, price-discovery, monopoly

**Related claims.**

- supports: https://wulfkaal.github.io/claims/3782205-005
- extended_by: https://wulfkaal.github.io/claims/4067783-037

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.