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KoolKrypto
@koolkrypto223
Top 100 All Time Hyperliquid PNL I run a fund, views are my own. Not obligated to post when I buy or sell any token I discuss. Not financial advice.
๊ฐ€์ž… October 2025
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Mechanically, I don't like that the kinetiq:native claim rewarded people who were up early to arb the $0.26 to $0.40 spread. Like I had tons of limits in the mid to high 0.30s I would have pulled in hindsight. But the upside of this system is that price basically gets pinned at or around $0.26-0.30 probably for 10 days. Claimants have no incentive to claim and sell lower, I have no incentive to bid higher. So people who want to invest here, right before @Enter_Elysium launches, get a 10 day window to invest at a very attractive cost basis. If the effect is a bunch of new holders, who are willingly choosing to buy here, with rock solid support at $0.26, I'd consider that a success. Terrible for farmers, decent for current holders, quite nice for new investors. I can't stress enough though that there's no right way to do this. It's either too dilutive and token nukes, too stingy and sentiment nukes, or delayed forever (Felix points ๐Ÿ˜ข). I'd give them a C+/B- on design, but there's no such thing as an A+ Season 2 airdrop. They all suck for someone.
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