I’ve never been excited about governance. This is the first time I actually feel involved like SG election. Hyperliquid.
Further thoughts on USDH: Hypurrco @hypurr_co will hold 4 AMAs this week with each of them in an unbiased manner, and write a long-form decision post on why we vote for what we end up choosing. 1. Jeff has given us game theory; if you disagree, we lose STAKE, which is our key source and only source of revenue/sustainability. 2. We expect people to disagree regardless of choice, and we will likely lose stake of up to 30% as the largest out of foundation validator. Will we get some from people who agree? Maybe, but there are other options, and net will likely be a loss, unfortunately. 3. It is what it is. We can't and won’t abstain even if we can, on such crucial votes to put our thoughts down and vote as participants of Hyperliquid to grow the ecosystem. 4. Why more AMAs? We and many others are in a different timezone, so we want to have folks from around the world covered. At the end of the day, the conscience will be clear; it will be penned down, and folks unhappy will blame a cabal. But man, we’re pretty isolated from whatever cabal exists and have friendly relationships with everybody.
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