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TronWeekly

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‘CZ’ Zhao Proposes New Token Issuance Model to Stabilize Crypto Markets

  • Changpeng Zhao, the founder of Binance, has proposed a new token unlock mechanism aimed at preventing the market from being flooded with new tokens during periods of low prices.
  • Under CZ's proposal, only 10% of the total token supply will be unlocked at the time of the launch.
  • Subsequent token unlocks will only happen if the token price has doubled compared to the previous unlock price and remains at that level for 30 consecutive days.
  • Zhao's proposal could reshape the future of token issuance by promoting long-term growth and reducing the negative effects of early token dumps.

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