I don’t get why Hyper Liquid takes in huge amounts of USDC in fees, then buys hype then unlocks hype then gives it to team then team sells hype for USDC.
(Which there is nothing wrong with selling)
Like just take the USDC from the fees and give it to the team originally and burn their supply. TWAP them out or something.
Feels like a lot of gymnastics for no real reason.
The annoucement from @iliensinc is honest but very underwhelming.
I had expected the team to collectively tame down the unlock amount (to the amount that would still give them more Yachtzee and mansions than they could enjoy). But unfortunately that didn't happen. Now we have 11 people that have the power to single handedly nuke the HYPE chart.
Can't find who says this, but there some truth to it:
"Jeff and Sophie have decided they wont sell but engineer #4 wants to experience what it feels like to have fuck you money"
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