Odaily News ZK Nation released an announcement about the unlocking of ZK tokens. When ZK tokens are issued in 2024, Matter Labs team members and investors will receive a total of approximately 33.3% of the total supply. On June 18, up to 25% of the vested team member token allocations and 10% of the vested investor token allocations will be unlocked. The token allocations received by Matter Labs team members and investors at the TGE will be unlocked within 4 years, with a 1-year vesting period.
Based on current calculations, 3.6% (about 760 million) of the total maximum token supply (21 billion) will be unlocked in June. Starting in July 2025, 0.8% (about 167 million) of the total token supply is expected to be unlocked each month until June 2028. (Note: About 33.3% of the total token supply is allocated to Matter Labs team members and investors, and no special allocation is made to the Matter Labs entity itself).