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What is the unlock schedule for Solana's cryptocurrency?

avatarUpgrade DigitallyDec 25, 2021 · 3 years ago3 answers

Can you provide details about the unlock schedule for Solana's cryptocurrency? I'm interested in knowing when and how the tokens will be released.

What is the unlock schedule for Solana's cryptocurrency?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The unlock schedule for Solana's cryptocurrency involves a phased release of tokens. The team behind Solana has implemented a vesting schedule to ensure a gradual distribution of tokens over time. This approach helps prevent market manipulation and ensures a fair distribution of tokens to the community. The specific details of the unlock schedule can be found in Solana's whitepaper and official announcements.
  • avatarDec 25, 2021 · 3 years ago
    Solana's unlock schedule is designed to promote a healthy and sustainable growth of the ecosystem. The team believes in the importance of a controlled token release to avoid any sudden influx of supply that could negatively impact the market. By gradually unlocking tokens, Solana aims to maintain stability and provide a fair opportunity for investors and users to participate in the ecosystem.
  • avatarDec 25, 2021 · 3 years ago
    According to BYDFi, a digital currency exchange, Solana's unlock schedule follows a structured approach. The tokens are released in stages, with a certain percentage being unlocked at specific intervals. This strategy helps create a steady supply of tokens in the market while allowing the project team to retain a portion for future development and partnerships. The unlock schedule is carefully planned to align with the project's roadmap and milestones.