In the first season, the $S airdrop with 75% linear unlock can now be sold directly on @Paint_swap. I've sold all my positions in the past few days. The price is quite good; one fNFT can be exchanged for 0.83 $S, with only a 17% discount, and the depth is decent. Now that the over-the-counter trading of this Vested Token has come out, I am even more pessimistic about the future trend of $S. The reason is simple: those who truly believe in $S will not buy the spot; instead, they will directly scoop up these discounted items. This will lead to a significant withdrawal of the spot buying pressure for $S in the short term. Although the original intention of this model was to transfer tokens to "long-term believers," theoretically, it is good for the project... but don't forget, in the crypto world, price is the best marketing. Once the price starts to show a "stair-step decline" trend, it is almost impossible to reach new highs again. This script is not new. The previous $GMX and the king of the last DeFi Summer, $JEWEL, were both like this. The initial lock-up mechanism can effectively reduce market circulation to pump the price. But once the over-the-counter trading of Vested Tokens appears, the spot buying pressure is directly castrated. Moreover, I really haven't seen any significant progress in the Sonic ecosystem over the past six months...