最新报道:Ethena founder Guy Young suggests crypto treasuries could mitigate the VC dump cycle by providing sustainable funding without reliance on volatile token sales. He highlights that traditional venture capital often leads to token dumps post-lockup, destabilizing projects. Young proposes using treasury assets like staking yields or protocol fees to fund operations, reducing sell pressure. Ethena’s model leverages yield-bearing stablecoins to create a more stable financial base for projects, aiming to align long-term incentives between teams and investors. This approach could help startups avoid abrupt market crashes caused by concentrated sell-offs.