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Green-Grass

Mainnet is closer and closer guys 🔥📈💪🏼 I have only one

concern.

Option 2 of unlocking 🔑

On the day mainnet launches, 10% of the holder's locked tokens will be unlocked at once.

After that, the remaining 90% will be distributed linearly over the following six months.

So, there will be 3.2B tokens in total.
First 10% = 320,000,000.
Then ~ 480,000,000 every month over 6 months ?

What do you think how this unlocking will affect the price of $RSR ?

Did you saw a similar token released on different projects and how that affected a price on those projects?

#cryptocurrency #english #reserve
0

2 ответов

23 просмотра
ussall-

Def this

0
14.06.2022
R-.

90% of locked token holders are option 1 which means… • Instead of RSR tokens unlocking upon mainnet launch, tokens will begin unlocking linearly in January 2022 over the course of 6 months. • But... these tokens won’t really be unlocked, since they will still be in Reserve’s custody. • If RSR holders wish to sell any of their RSR tokens, they can submit their request, and can only sell tokens through one connected OTC desk. • This OTC desk will match sell orders with OTC buys and will limit selling on exchanges to about 3% of the real daily trading volume, in order to limit impact on the price of RSR.

0
14.06.2022

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