For more detailed information on the tokenomics, please visit the following link👇 https://moonbeam.foundation/glimmer-token/
Thank you, will there be a token unlock by august to september then?
Yes. 11 of every month is the day of the unlocks
The next GLMR token unlock will take place on August 11 and will continue monthly on the 11th. tokens that will be unlocked on the August 11th include: Key Partners & Advisors - 2.32M/month (within* 4 months) PureStake Early Backers - 823K/month (within* 4 months) Seed - 6.6M/month (within* 5 months) Founders & Early Employees - 2.083M/month (within* 29 months) Future Employee Incentives - 958K/month or less* (within* 29 months or more*) —————————————————————— * less / more - (Future employee token incentive pool. Future issues from this pool will be subject to a 4-year vesting schedule from network launch or grant date (whichever is later) with a 1-year cliff and monthly vesting thereafter.) * within - means in how many months the vesting for this round will end.
Got it, can I ask when if this unlocks will be done by the year 2025? If I counted it correctly
For key partners & advisors, purestake early backers the last unlock will be - in November 2023, for seed round - in December 2023, and around January 2026 for employees.
Sorry, just to be sure. The one that will be done by january 2026 which of the one for employees that you mean?
Founders and Early Employees
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