New Exploration of Token Issuance Models
A co-founder of Solana Labs recently shared deep insights on token issuance mechanisms for early-stage projects on social platforms. He suggested that a model combining staking rewards with fair launches could offer significant advantages over traditional funding methods.
Three Key Strategies
- Implement staking systems to incentivize long-term holding
- Release at least 20% of total tokens on launch day
- Avoid traditional investors where possible, or enforce full one-year lock-up periods if necessary
Unlock Mechanisms and Market Dynamics
Team and investor tokens shouldn't be unlocked at launch. More reasonable distribution methods could include airdrops to core users or fundraising through fair auctions. While one-year unlocks might seem pressuring, markets typically absorb well-known information efficiently.
Double Benefits of Staking Mechanisms
A one-year lock-up period allows secondary market participants wanting to exit to interact with supporters willing to accumulate more. Meanwhile, primary market prices become important reference points, while staking mechanisms further encourage long-term holding, similar to how long-term capital gains better returns in early investment rounds.