Important changes in the token vesting of FOUND.
Dear members of the ccFOUND community, We would like to share with you an important update regarding our tokenomics. After taking into account investor feedback and analyzing our current mechanisms, we are introducing changes to the token vesting process aimed at providing value to investors.
Previous model: It involved the release of only 1% of tokens during the Token Generation Event (TGE). Then, there was a 6-month cliff period (waiting time for the next token release) followed by an 18-month vesting period (gradual release of tokens). This meant that investors could only receive all their tokens after 24 months.
New tokenomics: We are implementing changes that shorten the vesting period, thus accelerating token availability for investors. According to the new model, 50% of tokens will be released during the TGE, and after a month-long cliff, the remaining 50% of purchased FOUND coins will be distributed. This means that 100% of tokens will be available after just 4 months, with a 3-month vesting period.
Benefits of these changes:
- Faster token access: Investors gain the ability to quickly utilize their purchased tokens, including their utility (e.g., staking and tokenized).
- Increased flexibility: A shorter vesting period provides investors with more flexibility in managing their assets and making investment decisions, as your funds will not be locked.
- Improved FOUND value management: Implementing this change will facilitate our management of the token price on exchanges and lead to long-term value growth.
Thank you for your dedication and cooperation. We believe that these changes will contribute to the further development of our community and platform. Sincerely, The ccFOUND Team
Dear members of the ccFOUND community, We would like to share with you an important update regarding our tokenomics. After taking into account investor feedback and analyzing our current mechanisms, we are introducing changes to the token vesting process aimed at providing value to investors.
Previous model: It involved the release of only 1% of tokens during the Token Generation Event (TGE). Then, there was a 6-month cliff period (waiting time for the next token release) followed by an 18-month vesting period (gradual release of tokens). This meant that investors could only receive all their tokens after 24 months.
New tokenomics: We are implementing changes that shorten the vesting period, thus accelerating token availability for investors. According to the new model, 50% of tokens will be released during the TGE, and after a month-long cliff, the remaining 50% of purchased FOUND coins will be distributed. This means that 100% of tokens will be available after just 4 months, with a 3-month vesting period.
Benefits of these changes:
- Faster token access: Investors gain the ability to quickly utilize their purchased tokens, including their utility (e.g., staking and tokenized).
- Increased flexibility: A shorter vesting period provides investors with more flexibility in managing their assets and making investment decisions, as your funds will not be locked.
- Improved FOUND value management: Implementing this change will facilitate our management of the token price on exchanges and lead to long-term value growth.
Thank you for your dedication and cooperation. We believe that these changes will contribute to the further development of our community and platform. Sincerely, The ccFOUND Team
![Karol Kieltyka avatar](https://assets.ccfound.com/8c/50/1BpThyV9X172FAgJaVq9Mh.webp)
translationBy Karol Kieltyka
![Important changes in the token vesting of FOUND.](https://assets.ccfound.com/35/65/4pUib5VCKE2UjiyMvATowK.jpg)
![Important changes in the token vesting of FOUND.](https://assets.ccfound.com/35/65/4pUib5VCKE2UjiyMvATowK.jpg?w=3840&q=75)
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