🚀 Radiant Submits RFP-44 Proposal to Optimize RDNT Token Supply
#Radiant #RFP44 #RDNT #tokenomics #cryptocurrency #tokenlockup #communitysupport #ecosystem #blockchain
Radiant Submits RFP-44 Proposal to Optimize RDNT Token SupplyRadiant has submitted the RFP-44 proposal, which focuses on optimizing the supply of RDNT tokens and encouraging long-term lock-up by users. This proposal seeks to refine the allocation strategy previously outlined in RFP-35 by introducing a new mechanism that ties token distribution to the total amount of RDNT locked across various chains by users, referred to as qRDNT.Key points of the RFP-44 proposal include:Allocation Strategy: 25% of the future additional RDNT token supply, amounting to 125 million RDNT, will be allocated to users who lock up their tokens.Distribution Plan: These tokens will be distributed weekly over the next 104 weeks.Community Support: The proposal currently has a support rate of 99.93%, with the voting period set to conclude on September 5.This proposal aims to bolster the RDNT ecosystem by incentivizing users to commit to long-term participation, thereby potentially enhancing the stability and value of the RDNT token.#Radiant #RFP44 #RDNT #tokenomics #cryptocurrency #tokenlockup #communitysupport #ecosystem #blockchain
🚀 Everclear Extends NEXT Token Lock-Up Period to 18 Months
#Everclear #NEXT #TokenLockUp #Blockchain #ChainAbstraction #Cryptocurrency #Investing #Stakeholders
According to Odaily, Everclear has announced an extension of the lock-up period for its NEXT tokens from 12 months to 18 months. The earliest unlock date is now set for December 6, 2024. This decision was made after discussions with core contributors and aims to ensure that all stakeholders remain focused on the long-term vision of building the Chain Abstraction stack foundation.#Everclear #NEXT #TokenLockUp #Blockchain #ChainAbstraction #Cryptocurrency #Investing #Stakeholders
🚀 Offchain Labs Announces Planned ARB Transfers
#OffchainLabs #ARBTransfers #CustodianService #TokenLockup #CryptoNews
According to Odaily, Offchain Labs has announced via X that starting tomorrow, there will be several large ARB transfers from one custodian service provider to another. These transfers are part of a pre-established plan, and the original token lock-up schedule remains unchanged. The transfers will not unlock any new tokens.#OffchainLabs #ARBTransfers #CustodianService #TokenLockup #CryptoNews
🚀 Sui Foundation Addresses Allegations of Insider Token Sales
#SuiFoundation #TokenSales #Allegations #InsiderTrading #MystenLabs #Cryptocurrency #Blockchain #TokenLockup #Compliance #InfrastructurePartner #SUI
According to BlockBeats, on October 15, the Sui Foundation responded to allegations that insiders sold $400 million worth of tokens during a price surge. The foundation clarified that no insiders, including employees of the foundation or Mysten Labs, its founders, or investors, engaged in such sales, either individually or collectively. They emphasized that no insiders participated in any preemptive selling or violated lock-up and circulation supply plans.
The foundation noted that the accuser did not provide wallet addresses to support their claims. However, the Sui Foundation believes the wallet in question likely belongs to an infrastructure partner who holds tokens and adheres to the lock-up plan. All token lock-ups are executed by qualified custodians and continuously monitored by the Sui Foundation, ensuring the partner's operations are compliant.#SuiFoundation #TokenSales #Allegations #InsiderTrading #MystenLabs #Cryptocurrency #Blockchain #TokenLockup #Compliance #InfrastructurePartner #SUI
🚀 Binance Wallet Codatta (XNY) Booster Campaign Begins
#Binance #Wallet #Codatta #XNY #BoosterCampaign #CryptoRewards #AlphaPoints #TokenLockup
Binance announced on X that the Binance Wallet Booster Campaign with Codatta (XNY) has begun. In the first week of the campaign, users who join will be able to share 50 million XNY rewards. Binance users with at least 61 Alpha points are eligible to participate in the campaign with no points deduction. Tokens rewarded through participation in the campaign are subject to a lock-up period and will not be available for immediate claiming until the lock-up period is concluded. #Binance #Wallet #Codatta #XNY #BoosterCampaign #CryptoRewards #AlphaPoints #TokenLockup
🚀 OpenEden Extends Token Lockup Period for Team and Advisors
#OpenEden #TokenLockup #TeamTokens #AdvisorTokens #CryptoNews #Blockchain #TokenRelease #PANews #January2027
OpenEden announced on the X platform that the lockup period for all team and advisor tokens will be extended by nine months. According to PANews, this decision means that the overall unlocking period will also be prolonged by the same duration. Consequently, the unlocking of all team and advisor tokens will be postponed until January 2027.#OpenEden #TokenLockup #TeamTokens #AdvisorTokens #CryptoNews #Blockchain #TokenRelease #PANews #January2027
🚀 EdgeX Initiates Buyback Following Token Lockup
#EdgeX #Buyback #EDGEtokens #TokenLockup #NS3AI #Crypto #Blockchain
EdgeX has commenced a buyback of its EDGE tokens after previously locking up 140 million tokens, which represents 14% of the total supply. According to NS3.AI, the exchange announced that the earlier lockup is set to last for one year.#EdgeX #Buyback #EDGEtokens #TokenLockup #NS3AI #Crypto #Blockchain