0.1% of the sac money to push us to 20c$ ???? For some reason I thought it wanted to ‘protect the price’. Countering the bear market by making new all time highs would have been the best marketing, especially when you see that liquidity at times has been SO low that any real market buys would put us on the #3 or #4 spot real fast.
Is it not enough to that HEX pays 39% while you hold your own keys!? What more do you want?
Don’t you think OA who owns 87% of HEX wants to see HEX at a much higher price? It’s not a matter of what’s good enough, it’s a matter of what’s in their best interest.
No expectations
Countering the bear market is pure nonsense. Providing exit liquidity to sellers would just make the bear phase longer. It would be also dumb and useless besides fucking up buyers by taking away entry liquidity.
I don’t know what the oa wants/ doesn’t want. But I would imagine the oa wants a natural price discovery.
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