Real fee rebates, this logic checks out
Armchair critics love timing their complaints perfectly. When the price drops, suddenly it's all "expansion first," what a joke
Buybacks and development aren't mutually exclusive. Creating artificial opposition just for engagement?
So what's there to complain about with a transparent dividend mechanism?
Price dips → they spam buyback criticism, price pumps → suddenly quiet. I've seen this move a thousand times
Bottom line: they just want to see the coin moon. Everything else is just noise
This buyback system is actually orthodox mechanics, way better than those behind-the-scenes token extraction schemes
Real revenue gets distributed, that's way more credible than empty promises
Hyperliquid的代币回购机制值得聊聊。说白了，就是把交易产生的真实手续费拿出来回馈持有人，这事儿本身没啥毛病。
去年底有不少人跳出来批评这套做法，仔细看其实都是"事后诸葛"。这些声音往往卡在币价调整的时段冒泡，一个劲儿讲"资金应该优先投入扩张"，看起来自己多清醒似的。但问题是，用真金白银的收入回馈持有者，和投资项目发展并不冲突。回购本身就是透明的资金管理方式，没必要非要二选一。