On February 11, Dragonfly managing partner HaseebQureshi posted a new token economics recommendation on X: ·Ununified tokens are no longer allowed to be staked. I don't know which project proposed this idea in the first place, but it's a stupid approach that would undermine the trust in the private equity market. We have never recommended this practice, but some venture capital institutions demanded it, and it began to become a popular structure a few years ago. We should end this pre-release project approach completely. ·Second suggestions: I suggest we cancel the unlocking of the cliff period. The standard 4-year token economic structure is usually like this: there is a large 25% cliff period, unlocked in a year, and everyone is very worried, which has also become a huge FUD event. The market hates the step-by-step unlocking method, and it should be changed to this: there is no cliff period, unlocking starts from year 1 and then continues linearly. You can divide it into two parts so that by month 24, the speed of unlocking of venture capital institutions is consistent with the previous structure, and the market does not react much to this. In this way, the tokens are unlocked daily, not monthly, so there are almost no issues or special unlock days. This will make the market more orderly and reduce dramatic events. You can maintain the unlocking period for 4 years, but the market will become more stable.