Core Contributors and Investors to Unlock 1.3 Billion Tokens Less Than Two Months After Starnet Tokens Become Tradable
StarkNet tokens will launch within a week, with 7.3 per cent of the total supply (728 million tokens) to be distributed to the community in an airdrop. However, uncharacteristically, core contributors and investors will unlock nearly 131.4 million STRK, or 13.1 per cent of the total supply, in less than two months after the token becomes tradable. More tokens will be unlocked every month thereafter. Based on pre-market trading prices, the initial unlocked tokens could be worth $2.2 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Overview of Major Overnight Developments on December 11
a16z Crypto establishes its first office in South Korea
State Street and Galaxy to launch tokenized liquidity fund on Solana in 2026
Norwegian central bank temporarily halts progress on CBDC plan