Dragonfly Partners Propose New Tokenomics Proposal: Disallow Staking of Unvested Tokens and Remove Token Vesting Cliff Period

BlockBeats News, February 11th: Dragonfly partner Haseeb Qureshi posted a new tokenomics proposal on X, stating:

· No longer allowing unlocked tokens to be staked. I don't know which project originally proposed this idea, but it is a foolish practice that undermines trust in the private sale market. We have never recommended this practice, but some venture capital firms have demanded it, and a few years ago it started to become a popular structure. We should completely end this practice of pre-release projects.

· The second proposal: I suggest we eliminate the unlocking cliff period. The standard 4-year token economic structure usually has a large 25% cliff period that unlocks after one year, which everyone is very concerned about, and this has also become a major FUD event. The market dislikes staggered unlocking and should be changed to this: no cliff period, unlocking starts from the 1st year and continues linearly. You can divide it into two parts, so that by the 24th month, the unlocking speed by venture capital firms is consistent with the previous structure, and the market does not react significantly to it.

This way, the tokens unlock every day instead of every month, so there are almost no issues or special unlocking days. This can make the market more orderly, reducing dramatic events. You can maintain a 4-year unlocking period, but the market will become more stable.