加密货币的第一原则：返回公平发射和可持续回报

加密世界需要重新关注其核心价值：公平发射和长期可持续性。让我们深入了解这些原则如何推动更好的回报。

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

加密货币的第一原则：返回公平发射和可持续回报

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.

加密景观正在变化。为了实现其全部潜力，加密空间需要通过拥抱公平的发射和可持续性来恢复基础。这全都是关于对真实，长期价值的激励措施。

The Lost Idealism of Crypto

加密的唯心主义失去了

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.

还记得比特币的早期吗？这是对2008年金融危机的反应，这是建立在公平性和透明度为基础的系统。 Litecoin和Monero等早期项目效仿，优先考虑开放访问和社区治理。但是沿线的某个地方，事情变得混乱了。现在，许多项目优先考虑丰富内部人士而不是社区授权，为快速退出而不是可持续增长设计令牌。这种转移反映了旨在更换的系统加密货币。

Fair Launches: Leveling the Playing Field

公平发射：平整竞争环境

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.

公平的发布是要确保每个人都在平等的基础上开始。想想比特币，Satoshi与其他所有人一起开采，或者渴望将其YFI令牌分发给流动性提供商而没有任何团队分配。 UNISWAP的UNI AIRDROP还奖励了早期用户。研究甚至表明，公平的启动令牌表现优于其他人。透明度是关键。项目需要提前宣布发布日期，代币和分销规则。流动性引导池（LBP）和追溯气动器可以进一步增强公平性。

Building for the Long Haul: Sustainability Initiatives

长期建造：可持续性计划

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.

公平发布只是开始。可持续性意味着激励长期贡献。气滴通常不足，许多接收者立即倾倒令牌。赠款计划，例如Horiz的Zen可持续发展计划，可以提供帮助。通过为生态系统增长保留资金，他们支持产生收入和股票份额的项目。这反映了早期加密货币对社区驱动的价值创造的关注，将资源引导到研究和建造者创新中。这些举措促进了一个良性周期，其中参与助长了增长并增强了信任。

The Crossroads: Which Path Will Crypto Choose?

十字路口：加密选择哪种路径？

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.

加密行业处于十字路口。一条路导致内幕交易和短暂的炒作。另一个回到第一原则，以公平和远见卓识为建立。加密的潜力取决于信任，通过透明且设计公平的系统获得了信任。让我们留下快速的利润，然后返回建立真正的分散未来的未来。

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，下次您进入一个新的加密项目时，请退后一步问问自己：这与原始愿景保持一致吗？它是为了长时间的途径而建造的，还是只是锅中的闪光灯？明智地选择可以使一切与众不同！