The current launch model built around the Arena Token seems to be creating serious structural issues.
The flow is quite clear: project teams launch their tokens, real investors participate using
$ARENA, and once the process is completed, many project teams sell the
$ARENA they receive and convert it into AVAX. This creates continuous and systemic sell pressure on
$ARENA.
As a result, the price of
$ARENA keeps trending downward.
This is not an issue caused by individual projects โ it is a flaw in the model itself.
Regardless of whether a project is small or large, the same cycle repeats:
tokens are distributed, selling begins, and the core token of the ecosystem takes the hit. Over time, this structure causes the Arena ecosystem to slowly damage itself from within.
This situation needs to be addressed seriously, and key mechanisms must be redesigned.
I may not have a perfect solution, but it is clear that the team needs to implement measures that break this sell-cycle and create long-term value retention for
$ARENA.
Otherwise, every project that launches and grows on Arena will continue โ intentionally or not โ to harm
$ARENA.
In the long run, this puts both investor confidence and the platformโs sustainability at real risk.
