PANews
PANews|Mar 23, 2026 11:28
SEC and CFTC release new regulations, releasing three compliant fundraising models that do not require token sales According to DeFiprime, the SEC and CFTC have jointly issued Interpretive Release 33-11412, defining most decentralized network native tokens as digital commodities and specifying staking LSD、 Package tokens and compliant airdrops do not constitute securities issuance. On this basis, the article proposes three fundraising and treasury models that were previously difficult to implement: one is Liquid Genesis Staking Pools (LGSP) based on ETH, SOL, and other pledges, which are incentivized through LSD returns and protocol tokens; The second is to exchange for future network participation rights by contributing workload and funds, rather than pre-sale tokens Commodity Pre-Participation Agreements(CPA); The third is to design the "Separation Accelerated Revenue Rights (SARR)" principle as a revenue tool that drives teams to accelerate decentralization by linking it to decentralization milestones and reducing revenue sharing. The author states that all three models are based on existing contract components and can support long-term treasury and team expenses in the simulation.
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