Recently, I've been paying attention to Theoriq's new project preparation phase, and some discussions have led me to a bold yet realistic question: What would happen if, after Theoriq's new project ends, the project team refunded all the principal? This sounds like a somewhat utopian idea at first. But upon closer thought, the logic behind this approach is actually extremely restrained and has a long-term vision! If it can happen 🙈 but we can assume that there might really be a slight chance 🙊 ▰▰▰▰▰▰ Refunding the principal is not a loss! How does a traditional new project launch? 🔻 Users exchange USDC or ETH for project tokens, the project team takes the principal, gives you a bunch of linearly released tokens, and locks you in for half a year or a year. 🔻 Then the market opens, and the dump-and-run game begins. 🔻 The new project becomes a game of who runs first, rather than who wants to stay! But what if after the new project ends, the project team says: "Thank you for supporting our launch phase, we will refund all the funds, and the tokens will still be issued. We just hope you will stay and be a co-builder." In that moment, the entire user structure changes. It’s no longer about gambling but about supporting you! It’s no longer about whether it’s a loss but whether it’s worth holding long-term! ▰▰▰▰▰▰ Is it possible for Theoriq to do this? I believe it is. The entire design of Theoriq has never been about rushing to list tokens; it has a very clear token logic behind it: ※ The AlphaSwarm Agent network relies on THQ incentives and governance, not just on user trading behavior. ※ The locking and delegation mechanism of sTHQ / αTHQ naturally requires users to be willing to participate in the long-term cycle. ※ The protocol's income, Buyback, and Slash model are cyclical and do not require a large amount of funding from a single new project. In simple terms, Theoriq is more like a protocol, not like a typical crypto project. So if they say: after the new project, we can refund the principal, return it to you as it is, but are you willing to stay and participate in building AlphaSwarm? I would think this is actually a very smart strategy. ▰▰▰▰▰▰ Why wouldn’t this be a loss for the project team? This is the key point. Many people will ask, if you refund the principal, don’t you lose? How do you operate? But if we look back at Theoriq's economic system, we will find: ※ The real core value comes from the protocol's continuous income (Agent usage fees + Partner Access). ※ The project team actually holds the controlled tokens, continuously amplifying control through protocol buybacks and locked inflation. ※ The funds from the new project phase are not the most important revenue source for Theoriq. Conversely, if you can establish a consensus relationship by fully refunding the principal, in the long run, it is far more valuable than raising that little bit of money! ▰▰▰▰▰▰ If I were the project team, I would do the following: ※ Publicly inform all participants in the new project; we will refund all the principal you contributed. ※ But the THQ you receive is genuinely distributed, not locked and not restricted in transfer. ※ All rights related to staking, locking, and αTHQ delegation will proceed as normal. What we want is not your purchase, but your participation! ▰▰▰▰▰▰ If I were a participant, what would I do? Actually, it’s quite simple: ※ Get the principal back, no loss. ※ Receive THQ, with the freedom to choose to stake / lock or sell. ※ The project team has shown a high level of vision and transparency, making me more willing to deeply participate in the AlphaSwarm ecosystem. ※ Because this kind of trust and vision is an extremely rare advantage in this market. ▰▰▰▰▰▰ Summary Theoriq itself is not a simple business; its structure, goals, and even community positioning are aimed at users who understand mechanisms and are optimistic about the long term. So I believe they could very well make an unusual decision! Using a refund mechanism for the new project to attempt to rebuild the trust foundation of new projects. If they really do this? I would go all in to support it. Because this means they are not only designing an Agent network but also creating a brand new Web3 launch model. #KaitoYap @KaitoAI @TheoriqAI @incyd__ @ronbodkin @davidm_ller @PeiChen01 #Yap $THQ