Unwise, a founder of Trove on Hyperliquid, has clarified that the $20 million funds used to purchase 500,000 HYPE for the HIP-3 initiative originated from a single Liquidity Provider (LP). The terms of this deal involve the LP receiving 20% of lifetime platform fees and repayment over a three-year period. However, a significant issue arose when the LP hedged their HYPE exposure without prior agreement. The LP is currently short approximately 291,000 HYPE (valued at ~$9.9 million), an action that was not part of the initial understanding. Trove has since requested the LP to close the hedge and pledged full transparency regarding the situation, providing on-chain addresses to verify the claims. [Update 1] Additional reports confirm that Trove has publicly asked the LP to close the unauthorized short position to align with the original agreement terms. The team is emphasizing transparency to maintain community trust.