Jupiter Joint Creation: The core of the sniper problem lies in the imbalance between pricing and incentives, and it is necessary to balance fairness and efficiency in mechanism design
BlockBeats news, on May 16th, Jupiter co-founder Meow posted that "even though we are advancing various innovative technological solutions to alleviate the 'sniping' problem, we must remember that sniping is essentially an economic and pricing error problem. Therefore, any means of mitigating sniping will to some extent impose costs on early buyers (such as longer lock up periods, higher prices, or handling fees). Many problems actually require good design and reasonable trade-offs. For example, deep liquidity pools can significantly reduce volatility, but some users prefer volatility; From the user's perspective, genuine and serious buyers may prefer to participate later rather than being upfront; At present, there is also a lack of user-friendly interfaces in the market to support "timed online" buying. More fundamentally, we need to develop a 'meta strategy' around precise pricing, risk/return trade-offs, and contributor allocation. But these topics are often not the focus of concern for frontline participants, so there is also a lack of sufficient incentive mechanisms in the market to truly address these issues