Cointime

Download App
iOS & Android

Infinex founder: The team share of 20% of the total supply will be locked up for 12 months after the TGE and will be linearly vested for 12 months after unlocking

On October 24th, Infinex, a cross-chain aggregation DeFi platform, founder kain.mega announced that the Infinex token is about to go online. After careful evaluation, the team unanimously believes that it is unfair to the community to obtain token liquidity before achieving product-market fit. Therefore, the team voluntarily relocks all token shares (20% of the total supply) for 12 months and implements a 12-month linear attribution after unlocking. This decision has been fully endorsed, and we are ready for long-term development.

Comments

All Comments

Recommended for you