When you’re an employee of a company that’s going public, you’re not allowed to short the stock during your lockup period.

Same goes for funds that have been part of the roadshow.

We need a way for this to be the case onchain too

berachain gave every influencer under the sun an allocation and then made sure perps were available at launch so they can all hedge their positions and lock in the free money

hard to think of a more pathetic and disgusting industry than crypto

ppl commending Murad's diamond hand conviction, missing that he's using perps to lock in profit and is a bona fide grifter. he knows he can never sell a single token on chain without nuking all of it

hard to think of a more pathetic and disgusting industry than crypto

brain genius

When you’re an employee of a company that’s going public, you’re not allowed to short the stock during your lockup period.

Same goes for funds that have been part of the roadshow.

We need a way for this to be the case onchain too

https://x.com/logicalbtc/status/1887579533626540517?s=46

Decentralized open source consciousness | Values-aligned communities | citizen of Black Rock City

/ted | exploring the onchain frontier | surfing @ venice, ca | eating @ gjusta / gjelina

Our solutions will be different too! Lots less lawyers, litigation, and cost

agree

i have come to accept that, instead of learning from the past, crypto will experience first-hand the same mistakes as tradfi just at a faster pace.

Crazy ideas at universalconstructor.substack.com | Co-founder, partner, investor @ node.vc

Yes this would be nice but it is going to next-to impossible to stop anyone from doing such things. Same goes for referees to sports games and politicians in elections. I guess such things will have to be priced in to markets rather than prevented from happening. The future will be strange.

you're not allowed, but it's hard if not impossible to enforce [onchain or offchain]

not sure what the answer is tbh, other than a cultural awareness that locked doesn't necessarily mean locked