The "actual utility" part is doing a lot of heavy lifting, federated learning coordination is genuinely interesting but I remember the token capture mechanism being pretty thin when I dug into it a while back.

The unlock schedule is pretty standard vesting for an AI infra project, if anything the foundation holding longer than most is what's kept this from getting wrecked every other week like similar tokens.

Fair point on the extended holds, but longer lockups just mean a bigger cliff when they do decide to move, so I'm not totally relaxed about it.