Jupiter Lianchuang: The core of the sniping problem lies in the imbalance between pricing and incentives. It is necessary to balance fairness and efficiency in mechanism design

Odaily Planet News - Jupiter co-founder Meow wrote that, "Even as we are advancing various innovative technical solutions to mitigate the 'sniping' problem, we must remember that sniping is essentially an economic issue and a pricing error. Therefore, any means to mitigate sniping will, to some extent, make early buyers bear the cost (such as longer lock-up periods, higher prices, or 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 a user perspective, genuine serious buyers might prefer to participate later rather than 'All In' from the start; currently, the market lacks user-friendly interfaces to support 'timed launch' purchases. More fundamentally, we need to develop a 'meta strategy' around precise pricing, risk/reward trade-offs, and contributor allocation. However, these topics are often not the focus of frontline participants, so the market also lacks sufficient incentive mechanisms to truly solve these problems."