TechFlow news — ImmutableX co-founder Robbie Ferguson tweeted regarding the upcoming large token unlock for IMX, stating that the majority (over 50%) of the unlocked IMX tokens belong to the team’s allocation for advancing project development. The team will re-lock these tokens for at least one year without requesting any compensation. As for the remaining portion, most of the recipients are strategic partners who hold a long-term vision and are unlikely to sell in the short term.
According to TokenUnlocks data, 12.743% of the total IMX supply will unlock on November 5, with 6.73% allocated to project development (the "majority" mentioned by Robbie) and 6.01% from private sale allocations.Source link
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