I do not believe lockups, vesting etc. would change airdrop PA

It’s just dancing around the real question and the only thing that matters, which is, are you issuing an asset that people desire to hold?

The new meta is launch a token early, keep a small valuation for a while and believers can accrue.

Then seasons of incentives to drive growth when you’re ready. Seasons allow iteration and nerfing dumpers.

Rev share (app fees and optionally trading fees) to *stakers* with boosts for longer lockups.

Tax the traders and pay the believers. Build an 10x army over time.