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We document that CFs outperform the market by 2.69 For policymakers, our findings suggest that the token market may to some extent become more efficient on its own because intermediaries reduce costly frictions and have an incentive to do so because they benefit from above-marketrisk-adjusted returns.
Forecast analytics are used to vet changes in the timing of construction and installation work, and the protocol ensures all necessary documents are accessed during the construction process. Not only can marketrisk be better monitored, but market costs can be saved for participants: about $30 million so far, estimates CCDC.
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