Graphlinq Protocol Announces GLQ Vesting & Unlock Schedule Over Unicrypt
We have Partnered with Polygon (Matic) for layer 2 solutions and to add support for matic to our engine, IDE & analytics platforms. During our ILO and private sale, which was historic for Graphlinq, we sold 50% of GLQ’s total supply. Which equates to 250 million GLQ. 73 million of the remaining 250 million GLQ supply was used via Unicrypt Protocol to initialize the GLQ-WETH pool on UniSwap. The remaining GLQ tokens will be unlocked on April 21st, 2021 on Team.Finance (TrustSwap). Here is a detailed breakdown of how GLQ tokens will be placed for locking/vesting starting April 21st:
Team Wallet funds (0xc0db7eff590dd029f39f2329b48ae3103ef294fa) = 25M GLQ
Core Team: 20 million GLQ (1 year vesting)
Development Team: 1 million GLQ (6 months vesting)
Others: 200 thousand GLQ (1 year vesting)
3.8 million GLQ relocked for another month. Depending on the hirings each month, a proportion of GLQ will be set for vesting and any remaining balance will be relocked again.
5 million unlocked for bounty rewards for onboarding developers to build on graphlinq protocol and for platform growth (graphs creation, libraries, blocks, etc.)
The remaining GLQ will be locked again for three months. After three months, based on the needs of the project a proportion of GLQ will be unlocked, and the remaining balance will be locked again.
Check out the GraphLinq Wallets List & Addresses here.
As mentioned above, GLQ tokens will be locked on Team.Finance starting from April 21st, 2021 until May 8th, 2021. However, as part of our partnership with Unicrypt we will be shifting our locked and vesting tokens to Unicrypt Protocol starting May 8th, 2021. Please note that Unicrypt is currently developing their locking/vesting system, which is scheduled to be live in the first week of May 2021. With our upcoming Graphlinq Analytics platform, we will be providing a data visualization of our vesting and lock/unlock token schedule on Unicrypt.
📰 INFO
https://graphlinq.medium.com/announcing-glq-vesting-unlock-schedule-over-unicrypt-52f292133612
