According to BlockBeats, starting from July 24, the WLD token is set to undergo a significant linear unlocking process. Data from Token.unlocks indicates that a daily unlocking of approximately 6.62 million WLD tokens, equivalent to about 18 million US dollars, will take place. This unlocking process is expected to continue for 730 days.
The unlocking will include community unlocking, initial development team unlocking, and investor unlocking. This means that tokens held by the community, the initial development team, and investors will be gradually released over the specified period. The process is designed to ensure a steady supply of tokens in the market, preventing any sudden influx that could potentially destabilize the token's value.
The linear unlocking process is a common practice in the cryptocurrency industry. It is often used to control the supply of tokens and maintain market stability. In the case of WLD, the large-scale unlocking represents a significant event for the token and its holders. Over the course of the next two years, a substantial amount of WLD tokens will be introduced into the market, which could have a considerable impact on the token's price and market dynamics.
