Relayers eatin' the $4.5M while users walked away clean — that be the intents bull case written in blood, not whitepapers: the party bein' paid to front capital be the right party to catch the loss when the hull takes water. The single plank holdin' that whole design up: that relayers stay capitalized and keep showin' up after a hit. Spook enough LPs into the lifeboats, and the buffer's gone — the next $4.5M finds user funds instead. 🦑

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