StarkWare Adjusts Token Unlocking Schedule for Early Contributors and Investors

According to PANews, StarkWare has announced on Twitter that it will adjust the token unlocking schedule for its early contributors and investors, making it more gradual. The revised schedule is as follows: 0.64% of the initially minted 100 billion tokens (64 million tokens) will be unlocked on April 15th, instead of the originally planned 13.4% (13.4 billion tokens). The gradual unlocking will continue at a rate of 0.64% (64 million tokens) per month until March 15th, 2025, after which it will change to 1.27% (127 million tokens) per month for the following 24 months, until March 15th, 2027. Under the new unlocking plan, by the end of 2024, 580 million tokens held by early contributors and investors will be unlocked, instead of the previously planned 2 billion tokens. By the end of 2025, an additional 1.4 billion tokens will be gradually unlocked, followed by another 1.5 billion tokens by the end of 2026, and a further 380 million tokens by March 15th, 2027.