TechFlow reports, citing X user @gtx360ti, that Polychain invested approximately $20 million in Celestia's Series A and B funding rounds. To date, it has already realized over $82 million worth of $TIA tokens through staking rewards alone—achieving more than a 4x return on investment—all before any token unlocks occurred.
According to reports, Celestia’s total token allocation amounts to 75,071,406.57 TIA, with 50,047,608.03 TIA (two-thirds of the total) subject to linear vesting, while 25,023,798.54 TIA (one-third) are held in wallets with cliff vesting or no vesting periods. However, ten wallets that were supposed to have delayed vesting (cliff unlock under Cosmos SDK) appear to have no lockup at all due to an apparent oversight.
Celestia’s official documentation states that one-third of investor-allocated tokens will unlock on October 30. Yet, if balances from the no-vesting addresses are excluded, the proportion of cliff-vesting addresses falls short of one-third of the total allocation.
