ZK Nation: About 760 million ZK will be unlocked in June, and about 167 million ZK will be unlocked every month from July until June 2028
7 hours ago
Odaily News ZK Nation released an announcement about the unlocking of ZK tokens. When ZK tokens are issued in 2024, Matter Labs team members and investors will receive a total of approximately 33.3% of the total supply. On June 18, up to 25% of the vested team member token allocation will be unlocked, and 10% of the vested investor token allocation will be unlocked. The token allocations received by Matter Labs team members and investors at the TGE will be unlocked over 4 years, with a 1-year vesting period. Based on current calculations, 3.6% (approximately 760 million) of the maximum total token supply (21 billion) will be unlocked in June. Starting in July 2025, it is expected that 0.8% (approximately 167 million) of the total token supply will be unlocked each month until June 2028. (Note: Approximately 33.3% of the total token supply is allocated to Matter Labs team members and investors, and the Matter Labs entity itself is not specifically allocated).
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