
Former Binance CEO Changpeng Zhao (CZ) has proposed a new token issuance mechanism aimed at enhancing project sustainability and preventing market volatility. The proposal suggests that initially, 10% of tokens would be released for development purposes, with the remaining supply only unlocking if certain price increase criteria are met. This mechanism would be governed by a smart contract, with a third party controlling the key, thereby aiming to prevent token dumps during periods of low market performance. This concept has garnered attention within the cryptocurrency community as a potential solution to issues related to token management and investor confidence.
CZ PROPOSES A NEW TOKEN ISSUANCE MECHANISM: - 10% OF TOKENS RELEASED INITIALLY FOR DEVELOPMENT - REMAINING SUPPLY UNLOCKS ONLY IF PRICE INCREASE CRITERIA ARE MET - LOCKED BY SMART CONTRACT, WITH A THIRD PARTY CONTROLLING THE KEY DESIGNED TO PREVENT TOKEN DUMPS DURING LOW… https://t.co/XtKubcQz4a
[𝕏] Former #Binance CEO CZ Proposes Token Issuance Mechanism With 10% Initial Release and Smart Contract Locking, Requiring Price Increases for Further Unlocks
CZ这个建议不错! 上市的代币,解锁日期如果价格低于之前的价格,就不能解。 如果高于之前的价格,可以解锁。 杜绝项目方不做事,到期就卖币,价格不断下跌市值却不变。 https://t.co/z7w69mepcB
