If i am not wrong, when FX was created, there was an article that showed that they will stake all tokens generated. So going by that, even if there were unused coins, they are still to be staked regardless.
The concept paper - Function X: Coin structure, use of funds, governance and proposed roadmap | by Function X Foundation | Function X | Medium
All tokens are to be increased in tandem with inflation, so they have to stake it in order not to get diluted by inflation. It makes no sense to not stake it.
They hold 10%, if they do not stake, it will be lesser than 10% as inflation eats it away. By staking the tokens, they maintain that 10% peg.
All tokens, including their holdings are supposed to be staked as shown above, to be increased together with inflation in order not to get diluted. Whether used or unused, it is supposed to be staked.
And the reason it is unused is because so many people didn’t participate in so many activities. So the leftover can be used for R&D or upcoming partnerships.
Things may look slow for now but wait till EVM is out… Maybe then the team will start to expand rapidly since nothing can be build now. We shall see.
I would like to add also that:
Currently, the staked ratio is 69%. That means 31% is getting diluted every second. Technically, we are earning 31% more right now than the actual plan.
Those 31% tokens that are not staked will slowly get diluted and lose its percentage, becoming <31% overtime, since we are eating its share. We (69%)
I feel that the word “decentralized” is always being overused.
Even other networks like Avax, Terra and Polygon are all centralized. They control where the funds go to because they dont just fund any project “just because they want to accelerate things”. That is no way to do business, that is bad business actually.
There is no company in the world that can be decentralized from the start.
In order to reach decentralization, the company has to build from bottom up with the tokens they generated. And at the moment, nothing can be build yet until EVM is implemented.
Decentralization comes after the funds is totally depleted. Funds are used to support projects that are innovative and/or not seen anywhere yet. Not just random projects looking for funding.
Once the funds are used and if the ecosystem is self-sustainable without team intervention, then it becomes decentralized.
The timeline given was 15 year period - We are only at year 1.
Moving forward, in order not to have any misunderstandings, it would be best if the team let the community know whenever they decide to shift any tokens anywhere, just like Terra - Full transparency is needed.
I don’t mind them using the tokens for R&D, marketing or for any developments as long as the community is in the know.