The SEC and CFTC have released new rules, unlocking three compliant fundraising models that do not require token sales.

PANews reported on March 23 that, according to DeFiprime, the SEC and CFTC jointly released Interpretive Release 33-11412, defining most native tokens of decentralized networks as digital goods and clarifying that staking, LSD, packaged tokens, and compliant airdrops do not constitute securities offerings. Based on this, the article proposes three previously difficult-to-implement fundraising and treasury models: First, Liquid Genesis Staking Pools (LGSP), based on staking of ETH, SOL, etc., and incentivized through both LSD rewards and protocol tokens; second, Commodity Pre-Participation Agreements (CPA), where contributing work and funds in exchange for future network participation rights, rather than pre-sold tokens; and third, Separation-Accelerated Revenue Rights (SARR), which uses a decreasing revenue sharing mechanism linked to decentralized milestones, designing the "separation principle" as a revenue tool to drive teams to accelerate decentralization. The authors state that all three models are based on existing contract components and can support long-term protocol treasuries and team expenditures in simulations.