๐จ๐ MAJOR ALTCOIN UPDATE FROM CZ BINANCE! ๐จ
Changpeng "CZ" Zhao, co-founder of Binance, has introduced a groundbreaking token issuance model designed to enhance fairness and safeguard retail investors in the crypto market. Key highlights of his proposal include:
โ **Limited Initial Supply** โ Only **10% of the total token supply** will be available at launch, helping to maintain price stability.
โ **Conditional Unlocks** โ Additional unlocks (max **5% at a time**) will only occur if the token price **doubles** the previous unlock price and sustains it for **30 consecutive days**.
โ **Third-Party Oversight** โ A **neutral monitoring entity** will assess token performance to determine whether further unlocks should proceed.
โ **Investor Protection** โ If the token underperforms, unlocks will halt, minimizing risks for retail investors.
Ella Zhang, head of **YZi Labs** (formerly Binance Labs), has backed CZโs proposal, inviting developers to apply for **priority review** if they adopt this model.
This initiative could transform token launches, ensuring sustainable growth while better aligning project success with investor protection.
๐ **Disclaimer:** Crypto investments are highly volatile. This information is for educational purposes only and is not financial advice.
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