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Okay so Trove just pulled a pretty wild move after their ICO. They raised like 11.5M and everyone thought they were building their perp platform on Hyperliquid, right? Nope, suddenly they're moving everything to Solana instead and rebuilding from scratch. The excuse is some liquidity partner dumped their HYPE position (500k tokens) so apparently that broke the whole plan?
Like... you take people's money with one roadmap and then just pivot to a completely different chain? Community is understandably losing it. ICO participants specifically bought in because they wanted exposure to Hyperliquid and the HYPE ecosystem, and now they're getting Solana perp DEX instead. Trove says they'll cover RWAs and prediction markets too, but that doesn't really make up for the bait-and-switch feeling.
This is the kind of thing that kills trust. One liquidity partner's decision shouldn't force you to blow up your entire plan mid-flight. Makes you wonder what other constraints might suddenly change. Not a great look for a project that literally just finished raising money.