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Dragonfly partner criticizes token economics as outdated: unstaked tokens should not stake, cliff-style unlocking should be eliminated..
Today, Dragonfly Managing Partner Haseeb Qureshi announced two tokenomics suggestions, calling for the prohibition of staking unvested tokens and advocating for the elimination of the 'cliff unlocks' mechanism to reduce market fluctuation and panic. Haseeb stressed that unvested tokens should not be allowed to be staked as it erodes trust in the private sale market. He also proposed the cancellation of the 'cliff unlocks' design, replacing it with linear unlocking to mitigate market panic and uncertainty. He recommended a linear unlocking mechanism, ensuring daily unlocking to stabilize the market.