Certainly that is a deterrent also. We have a situation where, from an arbitrage perspective, few are going to be willing to risk half the position on a move over 3.5 days that could wipe out all gains.

But then again, nothing says that people wont do it. So the more layers of protection, the better things are in my opinion.

We want to make HBD as strong as we can. This means that we have to try and prevent gaming, at least on the base layer. Level 2 is its own animal, something that is outside the control of the community.

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