Is there a token vesting schedule for Kalytn? @Klaytn_EN

Asked 1061 days ago
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Is there a token vesting schedule for Kalytn?

asked 1061 days ago

1 Answers

Answer: The Klaytn token vesting schedule is outlined in the tokenomics section of the Messari report. According to the report, the Klaytn team has set aside a total of 1.3 billion KLAY tokens, which will be released in four tranches over a period of four years. The first tranche of 500 million tokens will be released at the launch of the mainnet, with the remaining tokens released at regular intervals over the following four years. The tokens are subject to a vesting schedule, with 20% of each tranche released immediately, and the remaining 80% released in equal monthly installments over a period of 12 months. This ensures that the tokens are released at a steady rate and are not all released at once, which could have a negative impact on the token's price.
answered 1061 days ago
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Please refer to the tokenomics section of our messari report. 👉 https://messari.io/report/klaytn-the-enterprise-grade-evm
answered 1061 days ago

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