Generally speaking the goal for you as the protocol owner should be to get your tokens into the hands of the right people (who will use your application and have a high CLV) – those that truly believe in your protocol. If they are not in the hands of users who truly believe in your team or product, they will probably claim and dump them (i.e. findi... See more

The core tenet of any web3 project is a token. Operating as the centerpiece of the ecosystem, tokens are the new form of equity. Tokens typically carry governance rights, and allow community members to participate in a product, service or protocol as a co-owner and key decision maker of a shared treasury.S ince 2013, founders have had to think abou

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This paper presents a model of token distribution that allows token holders who are subject to vesting agreements to exercise the full power of their future governance rights, while also incentivising their long-term interests in the protocol.