Wu Blockchain (@WuBlockchain): Solana co-founder Toly posted that, if properly designed, the optimal capital formation model for early-stage projects should include: staking mechani…
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Solana co-founder Toly posted that, if properly designed, the optimal capital formation model for early-stage projects should include: staking mechanisms for long-term holders; releasing over 20% of tokens on TGE day; minimizing investor involvement, with any investors receiving 100% unlock one year after TGE. Toly believes teams and investors should not unlock on TGE day, and token distribution is better via core user airdrops or fair auctions. https://x.com/toly/status/2014083941540700540