Looking back at the past, the evolution of airdrop activities is truly emotional. In the early days, project teams often set various lock-up periods to attract users, some lasting as long as several years. Now, seeing projects like Monad offering no lock-up restrictions for airdrops, one can't help but feel the industry's changes.

This shift reflects the project's emphasis on user-friendliness and also indicates increased market competition. No lock-up means users can freely manage the tokens they receive, enhancing liquidity and flexibility. However, it also introduces the risk of large-scale sell-offs in the short term.

Recalling the 2017 bull market, many projects had lock-up periods of 1-2 years. At that time, investor enthusiasm was high, and there was little objection to long-term lock-ups. Today, the market has become more rational, and users prefer flexibility and autonomy.

Monad's approach may mark the beginning of a new trend. But history has shown us that innovation always requires balancing various interests. project teams need to find a balance between attracting users and maintaining token value. For us veterans, witnessing these changes is both fortunate and a responsibility. We have an obligation to pass on these lessons and contribute to the healthy development of the industry.