Token issuance

Zhao Changpeng mentioned the new token issuance mechanism concept: an initial unlock of 10%, and subsequent unlocks require meeting certain price conditions

ChainCatcher news, CZ posted on platform X about a crazy idea for a token issuance: What if someone issues a token with the following tokenomics?Initially, 10% of the tokens are unlocked and sold on the market, with the proceeds used for the project team's development of products/platforms, marketing, compensation, etc. Each future unlock must meet all of the following conditions:Six months after the last unlock.Only if the token price has maintained above twice the previous unlock price for more than 30 days prior to the unlock.A maximum of 5% of the tokens can be unlocked each time.For example, if the TGE price is $1 in January, by June, if the token price is still below $2, no more tokens can be unlocked. Assuming the token price is above $2 between July 4 and August 3, then on August 3, 5% of the tokens can be unlocked for circulation. Assuming the price on August 3 is $3. The next earliest unlock date is March 3 of the following year, and it can only be unlocked if the price has been above $6 for more than 30 days.The project team has the right to decide to postpone or reduce the scale of each unlock. If they do not want to sell more, they do not have to. But each time they can sell (unlock) a maximum of 5%, and then they must wait at least 6 months, and the price must double again. The project team does not have the right to shorten or increase the scale of the next unlock. The tokens will be locked through a smart contract controlled by a third party's keys. This can prevent new tokens from flooding the market during price downturns while also incentivizing the project team to build long-term.However, CZ emphasized that he has no plans to issue new tokens, just a discussion idea.
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