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CZ released "Crazy Ideas for Token Issuance" and clarified that there are no plans to issue tokens "

According to online reports, CZ issued a post on the X platform saying,"What if someone issued a token with the following token economics? Initially, 10% of the tokens were unlocked and sold on the market. The proceeds will be used by the project team to build products/platforms, marketing, salary, etc. Each future unlock must meet all of the following conditions: six months after the last unlock. Only if the token price remains at more than twice the last unlocked price for more than 30 consecutive days before unlocking. Unlock up to 5% of tokens at a time. For example, if the TGE (token generation event) is in January and the price is US$1, then by June, if the token price is still below US$2, no more tokens will be unlocked. Assuming that the token price remains above US$2 from July 4 to August 3, 5% of the tokens can be unlocked into circulation on August 3. Suppose the price on August 3 is $3. The next possible unlock time is March 3 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 delay or reduce the size of each unlock. If they don't want to sell more tokens, they don't have to. But they can sell (unlock) up to 5% at a time, and then they have to wait at least 6 months and the price doubles again. The project team has no right to shorten or increase the size of the next unlock. Tokens should be locked by smart contracts and the key should be controlled by a third party. This prevents new tokens from flooding the market when prices are lower. It also encourages project teams to build in the long term. I have no plans to issue new tokens. Just an idea for discussion."

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