If there will be a one-year lock, this pressure will extend to the next year, pressuring the price. If this 700M $JUP is opened in a period of 10 days and an estimated 100M $JUP is cut through penalties, the sales pressure will be minimal.In addition, this 10-day period will be 1. It may extend to months. Additionally, there is no reason to be afraid of sales pressure, market conditions are in the best possible conditions. I prepared a visual;
We can do this for 20 days or 30 days, but I think the % intervals should remain the same. For example, penalties may be reduced by 1 level every 2 days. We can also make this number 2 into 3 4 5.
While I can see some positive aspects of a shorter 10-day unlock period, I have some reservations about its potential impact on the DAO and Jupiter as a whole. A one year lock is substantial but ensures stability.
Not only that, but I think it allows for a stronger investor confidence.
Perhaps a compromise could be considered, where the unlock period is extended to a middle ground
One concern with this proposal is that unlocking 700M $JUP over just a 10-day period, even with penalties, could still create a sudden and significant sell-off, amplifying volatility and potentially destabilising the price. A more gradual release would likely mitigate these risks, allowing the market to absorb the tokens more sustainably.
I get what you’re saying, but 10 days is nothing. It would almost certainly crash on days 7-10. The year is a long time to wait but investing in JUP is a long term investment. Securing that year by making people wait for the full allocation is the smartest move for the future of JUP.
No matter how long it takes to unlock, the same thing will still happen; people will sell. I think what solves this is how the airdrop will be distributed. IMO stakers should receive more as they’ve shown by staking that they trust the project