The MELANIA token economy model and team unlocking rules have sparked controversy, and the founder of Messari has voiced doubts

Today, the MELANIA token economy model and operation method have sparked extensive discussions in the market. According to the official website, MELANIA's token distribution plan is 35% team share, 20% treasury, 20% community, 15% public publication, and 10% liquidity. Compared with the TRUMP project, MELANIA's team unlocking rules are more relaxed, and only need to lock for 30 days to gradually unlock. The team share is unlocked for 10% on the 30th day, and the remaining part is linearly unlocked within 2-13 months, while the TRUMP team share needs to be locked for up to 3 years.

 

On-chain analyst @ai_9684xtpa's data shows that MELANIA DEV addresses have added 129 million tokens to Meteora's MELANIA/USDC liquidity pool, exceeding the planned allocation ratio by 10% (100 million tokens). The current lock-up volume (TVL) in the pool is as high as $393 million, including 9.64 million MELANIA tokens and 275 million USDC tokens. In addition, DEV addresses have distributed 870 million tokens to five independent addresses, two of which (7Wk1V... xdMkA and 3XKsc... t6uKu) are undergoing further liquidity operations, while the remaining three addresses have not yet taken any action.

 

Meanwhile, Messari founder Ryan Selkis posted on social media platform X, publicly calling on Trump to dismiss the personnel who recommended the MELANIA project. He stated that the MELANIA team lacks professional skills, which may cause significant economic losses and damage Trump's reputation. He also pointed out that the project decision did not fully consider long-term benefits or may have latent risks.

 

Currently, the controversy caused by the token economy design and liquidity operation of the MELANIA project is still ongoing. How its team responds to external doubts will become the focus of future attention.