A mini prospectus from , and IMO this sets the precedent for any token offering. We need better disclosures in DeFi. This week, @summerfinance_ will activate $SUMR, its governance token, via Aerodrome's Ignition program. In preparation, extensive discussions occurred in the protocol forum. Information in forum is scattered, and the team released a 20-page document summarizing key points about the project, governance structure, business model, tokenomics, and future plans. For those interested in taking a stake in $SUMR, do review this document. From our perspective, exceeds standards in several ways: 1⃣ The protocol clearly defines responsibilities across the DAO (on-chain governance), Foundation (legal stewardship and vendor coordination), and development entity (IP ownership with license). All revenue-share parameters remain DAO-controlled, mitigating key-person and off-chain control risks. 2⃣ Clear, viable business model: Revenue from transparent management fees, explicitly allocated to operations, professional risk management, and residual DAO earnings. Staking rewards partially funded by protocol cash flow and paid in USDC, reducing token emission dependence. 3⃣ Incentive alignment beyond standard vesting: Milestone-based unlocks may never vest, and early unstaking causes irreversible token forfeiture to the DAO treasury, enforcing long-term commitment. Taken together, these forward-looking arrangements materially strengthen long-term development outlook. 🔥🔥🔥