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
