#ALPHA Current alpha landscape:
The project team thinks “the money is spent but there’s no liquidity afterward,” users think “the threshold is too high, returns have dropped, and there’s no one left to take the bag,” and the platform weighs tradeoffs between fees/engagement and ecosystem health. The Alpha model has shifted from “broad-based free-for-all” to “high-point, intensifying in-fighting,” which has indeed forced some funds (at the thousand-unit level) to step down or exit, and the project team may also move toward more flexible trading scenarios.
The project team thinks “the money is spent but there’s no liquidity afterward,” users think “the threshold is too high, returns have dropped, and there’s no one left to take the bag,” and the platform weighs tradeoffs between fees/engagement and ecosystem health. The Alpha model has shifted from “broad-based free-for-all” to “high-point, intensifying in-fighting,” which has indeed forced some funds (at the thousand-unit level) to step down or exit, and the project team may also move toward more flexible trading scenarios.
