How should we rethink the relationship between tokens and equity? It's becoming a hot topic in crypto communities. Many projects launch tokens without clear utility or governance rights—essentially creating digital assets that lack substantive backing. The core problem: tokens often don't grant holders any real ownership stake or decision-making power in the protocol or project. Some argue for redesigning tokenomics to align incentives better, others advocate for hybrid models combining governance rights with real yield mechanisms. What's your take on structuring tokens that actually deliver value beyond speculation?