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Solana Co-Founder toly: Optimal Capital Formation for Early-Stage Startups May Follow a "Three-Step" Approach

2026-01-22 02:21

Odaily News Solana co-founder toly stated in a post that if this model proves effective, he believes the optimal capital formation plan for early-stage startups may include three points: first, providing a staking mechanism for long-term holders; second, releasing over 20% of tokens on the day of TGE; third, ideally not introducing investors, but if investors exist, then a one-time 100% unlock on the same day one year after TGE. He added that the remaining outcomes will depend on product-market fit (PMF).