
0xTodd🟥🟨🟦|Mar 27, 2025 01:28
For Hypeliquid
Best strategy: After being arbitrage by Brother 50x last time, make up for the lost sheep
Medium strategy: Closing positions at market price and paying the arbitrageurs out of one's own pocket
Bottom line: Roll back at ultra-low prices
Bottom line: Sacrifice HLP holders
Protecting user interests is the top priority
Fortunately, they did not choose the worst approach
But in my opinion, rollback is still not a good choice
The core spirit of decentralization is to be willing to gamble and accept defeat
Not the tyranny of the majority
Not even the tyranny of a few people
In fact, the boundary between this arbitrageur and hackers is very blurred
But the boundary between arbitrageurs and smart money users is also very blurred
Morally speaking, everyone supports the silent killing of hackers;
Morally speaking, everyone also agrees to reward smart money users;
In the presence of a whistleblower;
This arbitrageur is more like the latter than the former.
I hope HYPE is okay
I also hope that after the death of two sheep, we can quickly reinforce the prison
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