TechFlow reported on March 2 that Ella Zhang, head of YZi Labs (formerly Binance Labs), shared CZ's recent tweet titled "a crazy idea for token issuance" on X platform. She announced that if any long-term builders are creating projects based on CZ's idea, they can submit applications to YZi Labs for priority review.
Earlier report: CZ posted, "I have a crazy idea about tokenomics, but I don’t plan to launch a new token." Under his proposal, the initial 10% of tokens would unlock and be sold on the market, with proceeds used by the project team for product/platform development, marketing, salaries, etc. Subsequent unlocks must meet all of the following conditions:
1. At least six months must pass since the last unlock.
2. The token price must remain above twice the previous unlock price for 30 consecutive days prior to unlocking.
3. No more than 5% of tokens can be unlocked at each release.
