AltLayer Adjusts ALT Token Vesting Schedule: Next Unlock Date Set for January 25, 2025
Publication Time:2024-07-23 22:02:07
In a recent announcement, the cryptocurrency project AltLayer announced adjustments to its ALT token vesting schedule. This decision includes a six-month suspension of the token vesting plan, meaning that investors, team members, advisors, finance departments, and other stakeholders will not receive new tokens during the period from July 26, 2024, to January 24, 2025. According to the plan, the next token unlock will take place on January 25, 2025, with the tokens being released in a linear manner each month. For investors, this represents a two-year vesting period, while for team members, advisors, finance departments, and others, it is a three-year vesting period. These adjustments aim to more effectively manage token circulation and market impact, providing support for the project's development and stability.
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