TechFlow News, the blockchain game Heroes of Mavia announced an updated $MAVIA token unlock/issuance schedule to reduce inflation and extend vesting periods for the team, advisors, ecosystem, and others.
Under the new changes, MAVIA's circulating supply will remain below 14% until February 2025. These adjustments include:
- Unlocks for "private sale," team, advisors, in-game rewards, and community & ecosystem allocations will be reduced by 80%.
- Vesting periods for "team" and "advisors" allocations will be extended to 1 year.
These changes mean there will be no token distributions to advisors or the team over the next 10 months, while issuance volumes for other token allocation categories will also be reduced by 80%.
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