Worth learning from @xbt2027 🫡
It breaks token issuance into four steps: multi-stage deposits, refund windows between stages, penalties for exiting, and final allocation based on effective committed capital. Participants deposit funds across rounds; after the first round they can fully withdraw, but if they exit later they must leave part of their funds behind and lose the corresponding allocation rights. In the end, the system distributes tokens based on the effective capital still committed in the pool, while the forfeited funds are used to benefit the remaining participants and the LP 👀
I came across a mechanism that does a better job of filtering for genuinely committed people, and it has the potential to support the long-term building of a token 🧐