A significant debate has emerged regarding the optimal strategy for token distribution, specifically centering on the concept of unlocking 100% of tokens on the first day of trading. Developer 0xngmi has argued strongly against this trend, suggesting it removes long-term incentives for project teams. He posits that if employees are able to sell immediately, they lose their stake in the company's success, leading to potential retention issues and a lack of alignment. This commentary challenges the view that immediate unlocks provide better price discovery, citing Solana's delayed cliff model as a more effective approach for long-term sustainability. Conversely, Kyle Samani, co-founder of Multicoin Capital, has advocated for the 100% Day 1 unlock model. Samani argues that this method is the only way to achieve true price discovery from the outset, avoiding the volatility and artificial scarcity often associated with staggered releases. Interestingly, while 0xngmi cited Solana as a counter-example, Samani noted that Solana actually came closest to his ideal model with its single massive cliff in its distribution schedule, highlighting a difference in interpretation regarding the project's history. [Update 1] Added Kyle Samani's perspective advocating for 100% unlocks to ensure price discovery, countering 0xngmi's concerns about team incentives.