stronk personal opinion here, not da official stance of thj or henlo. jani posting againt all advice not to, but jani is wear jani is by being brutally honest.
jani does not see y henlockers were turned down da first time and wif da latest released criteria also don't see y da original application as submitted wood not pass
using old measuring sticks (no single side vaults cos all ssv are extractive) to judge cybernetic innovation is antithesis to wot jani understood da chain which welcomes defi innovations.
to participate in henlockers u need to trade thru bera pairs to get to henlo. u den lock dat capital up till specific price targets. not time. price. if henlo is bound by da gravity of bera den dis innovation creates an indelible and immutable pair which can't be exited until the success of henlo/bera. dis is literal fur in the game and locked in. it's incredibly shortsighted and lacking in imagination to constrain only liquid LP (which can be withdrawn at an time) as productive and capital locked to price and pulling beeple into bera eco from far and wide as unproductive
henlockers can form an innovative defi lego for many innovative fings which we were already in the process of building. Those fings are now on ice as uncertainty inhibits innovation.
after 3 years of solely focusing on bera getting the first rfrv kneecapped was da final straw in a series of situations (which jani/thj absorbed wif grace) which broke da bears back and is the point bera eco lost janis exclusive loyalty.
regardless of wot happens wif upcoming applications janis next raises and various of the product lines we have been working on in the background will be moving to be bera compatible but not bera native. if ur situated in another eco and interested in seeing an org like thj/jani building in ur eco den feel free to have a mutual set up a gc
Jani been in crypto since 2011 and has been a perma bull for many ecos, until da moment jani isn't. jani is also a pragmatist and part of surviving this long is knowing wen to hedge ur bets we u see da writing on da wall https://x.com/deepname99/sta/deepname99/status/1907376725715210543