Heart's Law
'Heart's Law' is a cringeworthy attempt by Hex founder, Richard Heart, to have a "law" named after himself.
Richard observed that if something is priced in another asset, then its price rises or falls in tandem with that asset. This is very noticeable in certain AMM liquidity pairings - and was observed long before Richard attempted to take credit for it.
Markets are more complex, however, so the "law" doesn't always ring true.
He didn't notice it first, and it's not really a law.
Richard observed that if something is priced in another asset, then its price rises or falls in tandem with that asset. This is very noticeable in certain AMM liquidity pairings - and was observed long before Richard attempted to take credit for it.
Markets are more complex, however, so the "law" doesn't always ring true.
He didn't notice it first, and it's not really a law.
"Heart's Law incorrectly suggests that pairing a volatile asset with a stable asset will protect it from downside volatility"
"I thought Heart's Law was real, and now I'm down 98%"
"I thought Heart's Law was real, and now I'm down 98%"
Heart's Law
Coined by Hex and PulseChain cryptocurrency creator Richard Heart, 'Heart's Law' states that cryptocurrencies and like assets bound by liquidity pairing will subsequently rise and fall alongside one another as a result of that liquidity pairing.
Hey bro, when Tether collapses, BTC will dump hard alongside it according to Heart's Law.
Yeah bro, that Richard Heart sure is a smart guy.
Yeah bro, that Richard Heart sure is a smart guy.