@santiagoroel and others networks are even more stupid like you need to buy my token and secure my network but we re gonna print more tokens out of the air.
not only is the network not helping but its actually working against the security model
@santiagoroel Thats why people are so bullish on HL. Even if not a single soul buys the token, the protocol itself will do it indefinitely and will push the token higher
@TrustlessState@RyanSAdams How dare you dont want to waste your money to secure the network by buying the token!? Dont you know how much TVL is at risk??
@solunavaxxer I wonder do you wait for a correction in spx/ndx and that is the reason you aare running 3:1 Maybe after some dip in tradifi go 4:1 or you try to keep it 3;1
@solunavaxxer yes i read your post the other day and it was actually like a blessing
its really makes sense if you are bearish on crypto to just short majors with bigger leverage you gonna farm so much funding it's insane.
im not closing my shitcoins alts but will definitely focus on majors
the Internet couldnt capture the value of the network. The value is captured by companies that build on top of it
The same way eth cant capture the value of the network. The apps built on top of it have a better chance
Hyperliquid is also using proof of stake, which means its also tied to the economic value of the Hype
The main difference is that the protocol is constantly buying the token. even if not a single soul is buying the price of token will go up in the long run