The primary-market dilemma is timeless: projects need patient capital; investors crave liquidity. Linear vesting and cliff schedules are crude fixes. Synbo’s dual-voucher system, combined with NFT-based tokenization, offers a more elegant solution.
The Core Mismatch
Projects need stable, long-term backing and controlled supply.
Investors need the freedom to exit or rebalance.
Traditional lockups can’t satisfy both.
Synbo’s Structural Fix
a) Dual Vouchers – Separate Rights & Risks
-YT (Yield Token): represents financial returns only—ideal for conservative holders.
-PT (Power Token): carries governance power and higher risk/reward for active participants.
This split lets each side optimize for their own risk tolerance.
b) NFT-ization – Make It Liquid and Modular
Every investment converts into an NFT certificate. Holders can trade partial positions pre-TGE, creating a “1.5-level market” that enables earlier price discovery and smoother exits.
What Changes for Everyone
Projects: Attract more capital by offering optional liquidity without destabilizing supply.
Investors: Gain flexible instruments to hedge, exit, or compound returns.
Market: Liquidity itself becomes the competitive advantage.
Takeaway:
Synbo doesn’t abolish the long-term vs. liquidity tension—it engineers a continuous equilibrium where capital can breathe.
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