Community First Token Unlock
Matic's April 2020 token unlock details: 100% of Team and Foundation tokens allocated towards staking and that's show how much integrity of the team towards the project
Matic takes pride in being the most community centric project. Here is Matic token release schedule, which was painstakingly designed by the team members with the best interests of the community and the Matic Network ecosystem, kept this explicitly in mind and Matic Network is ready to take further considerations for the community in these tough times.
April 2020 unlock highlights:
• 100% of unlocked Team and Foundation tokens are being allocated towards staking activities.
• 100% of Ecosystem tokens are to be used gradually for the long-term growth of the Matic ecosystem via a series of initiatives.
• ~89% of tokens unlocked on 26 April 2020 NOT to be released into the market.
• Only ~1.3% of the total supply, the Advisory tokens (133,000,000), will actually be distributed. Of these, our advisors have committed to voluntarily deploy at least 50% of these tokens to staking.
Read the full details on our blog here: https://blog.matic.network/april-2020-token-unlock-100-of-team-foundation-tokens-allocated-to-staking
Twitter:
Being a proud Matic ambassador would love to show #hive community that this is the way of Matic Network shows integrity of the team.
