With full token unlock at TGE (No Vesting)
Details:
- Unlock all tokens at the Token Generation Event (TGE) with no vesting.
- Provide early migrators with additional tokens as their bonus (amount should be decided by a follow up discussion & vote).
- Use all pre-earned fees as Protocol-Owned Liquidity (POL).
- Implementation:
- Launch a basic ERC-20 token and LP it directly, keep the LP receipt tokens on a multisig controlled by the security council. (Can be done in a few days using pre-audited libraries & having our sherlock lead watson check the deployment / 2 weeks maximum)
- Vote on additional bonuses to early migrators.
- Allocate pre-earned fees as POL to support liquidity.
- Why: Provides immediate liquidity and eliminates future supply overhang.
- Pros:
- Immediate access to tokens for all holders.
- Attracts investors preferring fully circulating tokens.
- Uses pre-earned fees to bolster liquidity through POL.
- Cons:
- Potential for significant token unlocks and volatility at TGE due to full unlocks.
- Early migrators may feel their advantage is diminished despite bonuses.
- Requires careful thought to balance the expected bonus for early migrators.