[Multicoin Co-Founder Suggests 100% Token Unlock on Day One for Price Discovery]
Multicoin co-founder Kyle Samani stated on the X platform that unlocking 100% of tokens on the first day is the only way to achieve effective price discovery. He mentioned that the team closest to this approach was Solana, which conducted a large-scale unlock in the 9th month. Kyle Samani also proposed an alternative approach, where the team’s tokens remain locked while investors’ tokens are not, arguing that investors have already committed their funds, while the team must continue fulfilling their responsibilities. He suggested implementing a price- or time-triggered unlock mechanism to make this model more acceptable to teams.