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Didn't make the cut for tier 1 allocation on this new L2 project, so I'm sitting this one out.
The token structure is 50% TGE, 50% vested over time. Tier 1 requires 60M FDV entry, tier 2 sits at 90M FDV. Honestly? I've got no clue who these devs are.
What's wild is watching people throw around 1B FDV valuations for what looks like just another generic L2 clone. The math doesn't add up when you look at what's actually being built here versus the hype attached to it.