
币圈荒木|Aug 17, 2025 11:02
There is an old joke in the circle:
'Community first' is often just a slogan, but the tokens end up in the hands of foundations and early bird investors, and the community ends up with some scum.
To be honest, I used to think the same way about @ PortaltoBitcoin, and I think it's most likely a case of changing the soup without changing the medicine.
Until recently when I looked at its token economics update - oh, this time it's really not a joke. But rather a direct shift: the foundation cuts one-third of its holdings and throws more chips into the community; 100% of the transaction fee will be used for repurchase and destruction, binding the token and network activity.
Community gains more → easier entry for newcomers → increased trading volume → more aggressive repurchase and destruction → increased demand for staking → more stable decentralization.
One loop after another, the logic is not smooth enough.
But isn't it unfair to the Chinese community! I was originally on the list and then dropped out
@csentropy @Elektroveniks @manojduggi @KaitoAI
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