The Solana community is praising liquid staking protocol Sanctum after it revealed details for its token launch and promised to ditch the predatory tactics that have marred other launches.

Sanctum said it will airdrop 10% of its tokens to early users, set aside another 30% for its community, and sell 8% through a public onchain sale.

“Projects in the past started with so little and launched with crazy inflated FDVs,” Sanctum co-founder FP Lee in an X Spaces stream outlining the launch. “We don’t want that. We want to start low and go up.”

Lee was referring to fully diluted valuation, — or FDV — the total value of a token’s supply, including those locked or yet to be distributed, and not just those that are circulating.

Sanctum also said it previously sold 13% of its token to investors, a relatively small amount compared to other projects, and reserved 25% for team members.

“It’s well done, and well-balanced between team, investors, and community,” Kasper Vandeloock, CEO of crypto trading firm Musca Capital and advisor to several DeFi projects, told DL News.

“It signals they are here for the long term, and launching a token is not them trying to find exit liquidity.”

Defi users have pushed back against projects employing what many call predatory “low float high FDV” token structures that benefit early venture investors.