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 by Jonathan Chaos July 5, 2023
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