加密貨幣的第一原則：返回公平發射和可持續回報

加密世界需要重新關注其核心價值：公平發射和長期可持續性。讓我們深入了解這些原則如何推動更好的回報。

Crypto's First Principles: Returning to Fair Launches and Sustainable Returns

加密貨幣的第一原則：返回公平發射和可持續回報

The crypto landscape is shifting. To realize its full potential, the crypto space needs to get back to basics by embracing fair launches and sustainability. It's all about aligning incentives for real, long-term value.

加密景觀正在變化。為了實現其全部潛力，加密空間需要通過擁抱公平的發射和可持續性來恢復基礎。這全都是關於對真實，長期價值的激勵措施。

The Lost Idealism of Crypto

加密的唯心主義失去了

Remember Bitcoin's early days? It was a reaction to the 2008 financial crisis, a system built on fairness and transparency. Early projects like Litecoin and Monero followed suit, prioritizing open access and community governance. But somewhere along the line, things got muddled. Now, many projects prioritize enriching insiders over community empowerment, designing tokenomics for quick exits instead of sustainable growth. This shift mirrors the very systems crypto aimed to replace.

還記得比特幣的早期嗎？這是對2008年金融危機的反應，這是建立在公平性和透明度為基礎的系統。 Litecoin和Monero等早期項目效仿，優先考慮開放訪問和社區治理。但是沿線的某個地方，事情變得混亂了。現在，許多項目優先考慮豐富內部人士而不是社區授權，為快速退出而不是可持續增長設計令牌。這種轉移反映了旨在更換的系統加密貨幣。

Fair Launches: Leveling the Playing Field

公平發射：平整競爭環境

Fair launches are about ensuring everyone starts on equal footing. Think of Bitcoin, where Satoshi mined alongside everyone else, or Yearn.Finance, which distributed its YFI tokens to liquidity providers without any team allocation. Uniswap's UNI airdrop also rewarded early users. Research even suggests that fair launch tokens outperform others. Transparency is key. Projects need to announce launch dates, tokenomics, and distribution rules in advance. Liquidity Bootstrapping Pools (LBPs) and retroactive airdrops can further enhance fairness.

公平的發布是要確保每個人都在平等的基礎上開始。想想比特幣，Satoshi與其他所有人一起開採，或者渴望將其YFI令牌分發給流動性提供商而沒有任何團隊分配。 UNISWAP的UNI AIRDROP還獎勵了早期用戶。研究甚至表明，公平的啟動令牌表現優於其他人。透明度是關鍵。項目需要提前宣布發布日期，代幣和分銷規則。流動性引導池（LBP）和追溯氣動器可以進一步增強公平性。

Building for the Long Haul: Sustainability Initiatives

長期建造：可持續性計劃

Fair launches are just the beginning. Sustainability means incentivizing long-term contributions. Airdrops often fall short, with many recipients immediately dumping tokens. Grant programs, like Horizen’s ZEN Sustainability Initiative, can help. By reserving funds for ecosystem growth, they support projects that generate revenue and equity shares. This mirrors early crypto’s focus on community-driven value creation, channeling resources into research and builder innovation. These initiatives foster a virtuous cycle where participation fuels growth, and growth reinforces trust.

公平發布只是開始。可持續性意味著激勵長期貢獻。氣滴通常不足，許多接收者立即傾倒令牌。贈款計劃，例如Horiz的Zen可持續發展計劃，可以提供幫助。通過為生態系統增長保留資金，他們支持產生收入和股票份額的項目。這反映了早期加密貨幣對社區驅動的價值創造的關注，將資源引導到研究和建造者創新中。這些舉措促進了一個良性週期，其中參與助長了增長並增強了信任。

The Crossroads: Which Path Will Crypto Choose?

十字路口：加密選擇哪種路徑？

The crypto industry is at a crossroads. One path leads to insider deals and fleeting hype. The other, back to first principles, building with fairness and foresight. The potential of crypto hinges on trust, earned through transparent and fairly designed systems. Let's leave behind the quick profits and return to building a truly decentralized future.

加密行業處於十字路口。一條路導致內幕交易和短暫的炒作。另一個回到第一原則，以公平和遠見卓識為建立。加密的潛力取決於信任，通過透明且設計公平的系統獲得了信任。讓我們留下快速的利潤，然後返回建立真正的分散未來的未來。

So, next time you're diving into a new crypto project, take a step back and ask yourself: Does this align with the original vision? Is it built for the long haul, or just a flash in the pan? Choosing wisely could make all the difference!

因此，下次您進入一個新的加密項目時，請退後一步問問自己：這與原始願景保持一致嗎？它是為了長時間的途徑而建造的，還是只是鍋中的閃光燈？明智地選擇可以使一切與眾不同！