Regarding $lit lighter witch hunt, it should be a reverse inference to the local optimal solution after going back to bn.
It is known that currently bn will not d0 on perp and spot, and there will be a period of market observation (i.e., cannot be too weak).
It is known that to go back to bn, an airdrop of n% of tokens to bn holders is required.
There is initial observation pressure, followed by selling pressure (the latter suppresses the former).
If you don't control the chips well, you'll have to spend a lot of money; otherwise, you'll rely on market buy orders to push the price up, which is basically impossible in this market environment.
If you're not willing to spend money, then you can only control the chips.
So how do I control the chips? Witch hunt is just one of the methods...
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Regarding $lit lighter witch hunt, it should be a reverse inference to the local optimal solution after going back to bn.
It is known that currently bn will not d0 on perp and spot, and there will be a period of market observation (i.e., cannot be too weak).
It is known that to go back to bn, an airdrop of n% of tokens to bn holders is required.
There is initial observation pressure, followed by selling pressure (the latter suppresses the former).
If you don't control the chips well, you'll have to spend a lot of money; otherwise, you'll rely on market buy orders to push the price up, which is basically impossible in this market environment.
If you're not willing to spend money, then you can only control the chips.
So how do I control the chips? Witch hunt is just one of the methods...