š£ Kellan Grenier, the founder of Parcl, a Solana-based real estate trading investment platform, discussed the recent trend of DeFi projects using point airdrops as a means to issue tokens while staying compliant with regulations. Grenier explained that many legal experts believe that issuing points can help avoid potential legal issues that may arise during token issuance.
Points enable users to engage in the market, including providing liquidity to the project, without the need for immediate token issuance. However, some lending platforms like Solend have raised concerns about projects abusing this method by employing delayed or questionable airdrop practices. šŖš #DeFi #CryptoTrends2024 #TokenIssuance