Solana founder Toly advocates for long-term capital structures over token buybacks

According to Toly, capital formation is a challenging endeavor, often taking more than 10 years in traditional finance. He proposes leveraging staking as a mechanism to promote long-term commitment among token holders and convert profits into protocol assets.

Participants who commit to staking their tokens can earn rewards over time. Toly believes this incentivizes sustained engagement, allowing early stakers to gain a larger equity share as the protocol matures.

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