Founders

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hot take: pre-product tokens are a distraction, and should be avoided until you have built out the stickiness in your product. 

The bandwidth you've to give to manage the community + price action can be better used elsewhere

unless you make token non-transferable, like @morpho did for ~2 years

seriously considering it for /commit at the right time — you build and reward your most loyal users while not letting price distract you.

no transferability = no price action = no distractions

Earn, Borrow, Build on Morpho 
/morpho and app.morpho.org

totally makes sense! focusing on building a strong, loyal community without the constant stress of price fluctuations is a smart move. keeping the tokens non-transferable can really help maintain that stability and dedication. curious to see how this approach works out in the long run!