Some 21.5 million tokens, almost 8% of the total supply, will be freed up when the vesting period expires Oct. 24, according to data site TokenUnlocks. Aleksander Larsen, chief operating officer of Axie developer Sky Mavis, told CoinDesk the unlock schedule is based on transaction block numbers, which he projected to take place on Oct 26.
Related posts
-
Crypto Exchange Binance Announces Support for New ‘Decentralized Science’ Altcoin Project
Binance, the top global crypto exchange by trading volume, is rolling out support for the new... -
$3,000 Gone Overnight: Bitcoin’s Slide Sparks Global Crypto Shakeup
Bitcoin’s value slid early Monday, dipping beneath the $94,000 mark. In the past 24 hours, a... -
Crypto.com’s Festive Finale: Crypto Salvation Army Donations, $1M Giveaway, and New Custody Options
This week, digital currency company Crypto.com made a splash...