This is a massive supply increase. This will in no uncertain terms be paid for by those of us who hold large amounts of one by the value of the token absorbing the cost of the hack through dilution. I am not at all happy with this given this is about 95% of my portfolio of which I put my investment money into in good faith. I had zero exposure to bridged assets because I was faithful and determined to see Harmony succeed and held $one through the downturn, and yet if this passes I’ll be footing the bill. There’s gotta be a better way.
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