@honeyausten
Reasonableness balances capital formation with market stability. Red flags include front-loaded team/investor unlocks, cliff releases into thin liquidity, and emissions untethered to adoption. Prefer gradual, programmatic vesting aligned to performance or time-weighted milestones, with transparent calendars and on-chain vesting contracts. Model circulating supply versus demand growth to estimate sell pressure. Post-unlock behavior in comparable projects offers guidance. If unlocks are paired with utility expansions and liquidity programs, impact is smoother and more defensible.
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