Solana founder toly replied on the X platform to Jupiter co-founder regarding the question "whether to continue token buybacks or provide growth incentives for existing users." He stated: "Capital formation itself is very difficult, and traditional finance usually takes more than 10 years to truly complete capital accumulation. Compared to buybacks, I think a more reasonable path is to replicate this long-term capital structure.In the crypto industry, the mechanism closest to this is actually staking. Participants willing to hold long-term will dilute those who are unwilling to hold long-term through the mechanism. The protocol can sediment profits as protocol assets claimable by tokens in the future, allowing users to lock up and stake for a year to earn token rewards. As the protocol's asset-liability balance sheet continues to expand, those who choose to stake long-term will gain a larger actual equity share. The equity itself is linked to the protocol's future profits and will continue to grow with future earnings."