ETH falls below the $2200 mark

Odaily Planet Daily News: CZ mentioned a new token issuance concept in an article on X, and the full text is as follows: What would happen if someone issued a token according to the following token economics? Initially, 10% of the tokens were unlocked and sold in the market. The funds obtained will be used for the project team to develop products/platforms, market promotion, salaries, and other expenses. Each unlocking in the future must meet all of the following conditions: it has been at least six months since the last unlocking; Only when the token price remains more than twice the previous unlocking price within 30 days prior to unlocking; Unlock no more than 5% of tokens at a time. For example, if the token is first issued (TGE) in January at a price of $1, by June, if the token price remains below $2, no more tokens can be unlocked. Assuming that the token price remains above $2 from July 4th to August 3rd, an additional 5% of the tokens can be unlocked and put into circulation on August 3rd. Assuming the price on August 3rd is $3, the earliest possible unlocking time is March 3rd of the following year, and it can only be unlocked if the price remains above $6 for more than 30 consecutive days. The project team has the right to decide on their own to postpone or reduce the size of each unlock. If they don't want to sell more tokens, they can choose not to sell. But they can only unlock (sell) up to 5% of the tokens at a time, and then have to wait for at least another 6 months, and the price needs to double again. The project team has no authority to shorten the unlock interval or increase the size of the next unlock. The token will be locked through a smart contract, and the key will be controlled by a third party. This mechanism avoids a large influx of new tokens into the market during low prices. At the same time, it also motivates project teams to focus on long-term development. CZ ultimately stated, "There are no plans to issue new tokens. This is just an idea for discussion

Binance BNB/USDT is currently trading at $600.15, up 2.90% in 24 hours. Please be aware of market fluctuations.

CZ posted on X platform that they have a crazy idea for token issuance: what would happen if someone issued a token with the following token economics? Initially, 10% of the tokens were unlocked and sold in the market, and the proceeds will be used for project team development of products/platforms, marketing, compensation, etc. Each future unlock must meet all of the following conditions: Six months after the last unlocking. 2. Only when the contemporary coin price remains more than twice the previous unlocking price for more than 30 days before unlocking. 3. You can receive up to 5% of tokens each time. For example, if TGE's price was $1 in January and the token price remains below $2 by June, no more tokens can be unlocked. Assuming the token price is above $2 between July 4th and August 3rd, 5% of the tokens can be unlocked and put into circulation on August 3rd. Assuming the price on August 3rd is $3. The next earliest unlocking time is March 3rd next year, and it can only be unlocked if the price is above $6 for more than 30 days. The project team has the right to decide whether to postpone or reduce the size of each unlock. If they don't want to sell more, they don't have to do so. But each time they can sell (unlock) up to 5%, then they have to wait for at least 6 months and the price doubles again. The project team has no authority to shorten or increase the size of the next unlock. The token will be locked through a smart contract controlled by a third-party key. This can prevent new tokens from flooding into the market during low prices, while also motivating project teams to engage in long-term development. However, CZ emphasized that they have no plans to issue new tokens, it is just an idea for discussion.

Binance SOL/USDT is currently trading at $140.01, with a 24-hour decline of 1.40%. Please pay attention to market fluctuations.

OKX - HBAR is currently priced at $0.2274, with a 24-hour increase of 16.97%. 24-hour transaction volume of 1.1 billion US dollars, up 78.86%, for reference only