TechFlow reports that AltLayer has announced the first ALT token unlock will take place on July 25, 2024. To ensure long-term stability and growth, all stakeholders have unanimously agreed to pause the vesting schedule for six months following the initial unlock (from July 26, 2024, to January 24, 2025), during which no new tokens will be unlocked. The next unlock will occur on January 25, 2025, after which tokens will vest linearly on a monthly basis—over a 2-year period for investors, and a 3-year period for the team, advisors, and finance department. This move aims to support the ecosystem's long-term stability and development.
Add to Favorites
Share to Social Media
