A few days ago, I couldn’t figure out why Believe @pasternak decided to launch a Dutch auction mechanism. At the end of 2023, Fjord improved the Dutch auction mechanism and introduced the LBP mechanism. But the auction process lasted for several days, the pace was too slow, prices kept dropping, and investors weren’t very motivated to participate. In the end, the Pump fun model won over the market. Now Believe wants to switch back from the Pump fun launch mechanism to the Dutch auction mechanism. Switching back to Dutch auctions could differentiate it from other Launchpads on Solana. Guessing that Ben also wants to use the change in launch mechanisms to differentiate assets from other Launchpads. Most of the tokens on the platform are Utility Tokens, which are ideal for rational investors, while Pump fun is more appealing to thrill-seeking speculators. It’s also about meeting Devs’ needs—offering multiple launch mechanisms for them to choose from~