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

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.

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

Interesting but will there not always exist services that do not implement that?