Seeing #Story @StoryProtocol release the announcement of the postponed unlocking, what exactly is this round of structural reform playing at?
I think we can observe the following aspects carefully:
Story announced that all locked $IP will be postponed for a total of 6 months, which means there will be no new locked selling pressure in the market before 2026/8/13. This is not just about calming emotions, but directly cutting off supply from the supply side.
The focus is not only on the postponement; SIP-00009/010 has already been implemented. The official has directly eliminated the staking rewards for unlocked tokens, shifting all incentives to the real staking of circulating tokens while significantly lowering the threshold.
Reduced emissions + delayed selling pressure + cleaner circulating supply. This set of combinations is not aimed at saving the market in the short term, but rather is stepping on the brakes in advance, artificially flattening the supply curve and reconstructing the entire token economics.
The expectation of unlocking has always been the biggest bearish game point for the market. Story has directly pushed this worry back by half a year, removing the operating space for shorts physically, and the expectations of long-term holders have stabilized instantly.
When supply is extremely compressed, bearish unlocking disappears, and emissions are reduced, the entire market will become very light. Any marginal buying pressure could lead to a dramatic price reaction.
Story is betting on the infrastructure status of IP × AI. It is rumored that in Q3 they will cooperate with top AI companies. This postponement actually provides the team with a pure execution window free from liquidity interference.
This is not just a simple postponement; it directly incorporates the chips that shorts rely on for survival. Story is obviously clearing the field to create the cleanest launch environment for the big factory collaboration in Q3.
$IP
