An example of outside parties wanting to tap on naive users on @HyperliquidX . This is one of the most extractive tokenomics I've seen. Jump's other incubate projects like Wormhole and Pyth (less extractive tokenomics) had charts of going to zero. @chameleon_jeff @iliensinc I hope the team considers disallowing UI trading to protect retail for getting dumped by a clear bad actor.
The 2Z token, which is the key mechanism to support the utility, efficiency, and security of the @DoubleZero protocol in programmatic and permissionless ways, goes live on Thursday, October 2. Here’s everything you need to know. ↓
And it's led by @multicoincap , the biggest critiques of Hyperliquid
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