Everyone, today the detective is taking you into the most hardcore technical field. We have already talked about the holdings of the powerful and monitoring backdoors, but the real 'money printers' among these market makers (MM) are actually hidden in the network of Solvers under the NEAR Intents architecture. This is not a conspiracy theory; it is purely a game of mathematics and power.
🔍 What is a 'Solver'?
In the 'Intent' architecture of Plasma (XPL), when a user issues a command (for example: I want to exchange XPL for BTC), you are not directly operating on the chain, but rather issuing an 'Intent'.
* Technical Operation: A group of entities known as 'solvers' compete to provide the optimal path and complete transactions; whoever can do this wins the order.
* Power Monopoly: It seems competitive, but to become a solver, one needs to have a very high technical threshold and cross-chain liquidity. This is why Nomura (Laser Digital), DRW (Cumberland), and Flow Traders sit in the shareholder seats—because they are the most powerful 'top solvers' in this system.
🔍 Invisible Harvest One: The 'technical price difference' in milliseconds.
While you enjoy 'seamless cross-chain', this group of market makers is harvesting through information asymmetry.
* Harvest Logic: Since transactions occur in the background, it is difficult for users to accurately check the real-time prices of each chain. Solvers can offer a 'price that looks reasonable' but is extremely advantageous to themselves.
Detective's Notes: Even if only 0.1% of the invisible price difference is extracted from each transaction, under the daily flow of hundreds of millions of dollars across 25 chains, this is an astonishing 'technical tax'. This is why Flow Traders' financial report can grow by 89%.
🔍 Invisible Harvest Two: Legal MEV (Miner Extractable Value).
This group of market makers is both a 'solver' and a 'liquidity provider', giving them a god's eye view.
Harvest Logic: They can utilize Chain Signatures technology to layout on the target chain before your cross-chain transaction is completed, obtaining arbitrage opportunities.
* Detective's Notes: This is technically called 'solver arbitrage'. When the authorities claim that the technology is 'seamless', it is actually to make you equally 'unaware' of this layer of exploitation.
🔍 Ultimate Goal: 'Seamless liquidation' on July 28.
This solver network is designed as the ultimate exit for the 2.5 billion core holdings.
* Retreat Strategy: Unlocking on the day, market makers do not need to throw coins onto the exchange. They only need to initiate a series of 'internal intentions' to continuously hedge across 25 chains.
* Result: The XPL market appears stable, but its actual value has long been dismantled and absorbed by the solver network, ultimately transforming into assets on other chains. While you are still studying the technical blueprint, this group of elites has already used the technology to achieve 'physical disappearance'.
🧐 Detective Uncle's closing statement.
The uncle reminds everyone that technology itself is neutral, but the people using technology are not.
* The infrastructure faction has built a magnificent stage.
* The profit faction has installed a pump in the background.
* Solvers are the machines that run continuously, feeding on retail profits.
When technology makes the world simpler, one must ask: Who's pocket is being lined with the saved effort? Detective Uncle is always in the shadows revealing the truth for you.
#Plasma $XPL@Plasma #大叔偵探 #NearIntents
