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XAI Games: Contributors delayed unlocking tokens for 6 months, and the unlocking ratio this month dropped to 36%

2024-07-09 01:09
Odaily News XAI Games posted on the X platform that Xai contributors have agreed to re-lock their tokens originally scheduled to be unlocked in July for 6 months. As a result, the team's unlocked share has been reduced from about 85 million to about 17.7 million. The upcoming token unlocks in July include: Investors: about 72.3 million; Team: about 17.7 million; Advisors: about 4.2 million; DAC: about 5.2 million; Xai Foundation: about 8.5 million. The total number of tokens to be unlocked in July is about 107.9 million. XAI's current circulating supply is about 300 million coins. About 107.9 million unlocked tokens will increase the circulating supply by about 36%, accounting for about 26% of the total new circulating supply. XAI said that its tokens are unlocked daily, rather than once a month.