To demonstrate our commitment to the community, we have locked 9M $Punch from the treasury for 3 months. We chose a 3-month period because macro market conditions can change significantly within that timeframe. We want to keep the tokens available in a usable state so we can deploy them meaningfully when momentum picks up. If needed, we plan to extend the lock beyond that. Some people suggest burning the tokens instead. However, token burns only truly make sense and deliver their intended impact when you burn a large portion (tens of percent) of the supply during a short-term period of explosive buying demand. Otherwise, it’s essentially throwing away money that could have been used for marketing. Since Punch is built as a long-term coin, we chose locking over burning. tx↓ solscan.io/tx/4mupN1QpFuV…
