Could you provide details about unlocking the rest of team / presale tokens?
Part of them was transfered to Khala as announced few weeks ago.
Do you have unlocking plan?
Or will it be fully unlocked after transfer feature enabling?
As this doc describes, the “vesting” tokens are major come into 3 parties:
Token sale investors
$150 mln in total.
- They got first unlocked for 90 mln in Sep, 2020.
- 2nd unlocked for 30 mln in March 2021.
- Last unlocked for 30 mln in 11th Sep 2021
So we will send the last 30 mln to these investors on Khala Network before 11th Sep 2021. And they can only transfer it after Khala enables transfer.
Crowdloan reward for Kusama slot auction
$25 mln in total.
- 34% unlocked from day 1 of Khala launching on Kusama
- Linear unlock the rest as 48 weeks
And they can only transfer it after Khala enables transfer.
Core Team reward
50 mln in total.
- 10 mln unlock in Sep, 2020
- Linear unlock the rest as 2.5 mln / month
- It means that 40 mln is unlocked in Sep, 2021
But we promise that we will stake at least 25 mln of team token on Khala Network.
Hope it can help, thanks!
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