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The Parallel founding team announced that it will actively extend the token lock-up period by 10 years

2024-11-12 03:27
Odaily News The Parallel blockchain game officially announced that the founding team will deposit all tokens (including tokens deposited in the Wayfinder cache contract, unlocked tokens, unclaimed tokens and other tokens) into a new trustless smart contract, which will unlock 10% of the tokens every year over the next 10 years. The Parallel founding team added that this decision strengthens the long-term consistency between the team and the project, and in the next few months, the team will transfer all tokens to a new contract to start this new 10-year unlocking plan. In addition, these tokens will no longer be handled by team members, but will be professionally managed under the advice of the foundation.