Tiered Sell-off Band Control Algorithm
Market makers use the '5%-1.5% Daily Increment' model to handle unlocked tokens:
- First-day selling pressure ≤ daily average volume 5% (800,000 tokens)
- Selling pressure rises to 26% on the 14th day (4,160,000 tokens)
- Total selling volume over 14 days is controlled within 1.3 times the average daily trading volume of the exchange
In conjunction with the foundation's staking reward dynamic compensation (when a sell order depth is detected to drop by 15%, annualized +6%), successfully reducing the market impact coefficient to 0.8 (industry average 2.3).