Long duration to short duration risk, going left to right. automation increases up the Y-axis. The sandbox, spreads and makes possible longer trading sequences, within the bounded bit error. The automation then moves to the left.
In other words, the more endpoints that are put under auto trade, the more stable are rare liquidity events. So working outside the sandbox becomes costly as the sandbox manages more of the term risk. Hence, legislatures will see the sandbox as a fair bond default mechanism, a system to spread the inflation pain fairly since all endpoints can trade the effect..
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