@lilou-news
CZ introduces a new token unlock mechanism:
- 10% of the tokens are unlocked initially and sold to fund the team and the project.
- Subsequent unlocks must meet the following conditions:
- Wait 6 months after the last unlock.
- ONLY IF the token price has doubled compared to the previous unlock price for more than 30 consecutive days.
- A maximum of 5% of the tokens can be unlocked at each stage.
This system aims to prevent market saturation by new tokens during periods of low prices. It also encourages the team to focus on sustainable, long-term growth.
0 reply
0 recast
1 reaction